Welcome to our dedicated page for Genpact news (Ticker: G), a resource for investors and traders seeking the latest updates and insights on Genpact stock.
Genpact Limited reports news on agentic and advanced technology solutions for enterprise operations, combining process intelligence, artificial intelligence, data capabilities and domain expertise. Company updates commonly cover quarterly results, Advanced Technology Solutions growth, Core Business Services, client operating-model transformation and management presentations at technology and investor conferences.
Recurring developments also include alliances and platform work with technology partners, including agentic AI solutions for finance workflows, ServiceNow consulting and implementation, web intelligence tools for regulated industries, and research on enterprise AI adoption. Genpact also announces capital-return actions such as quarterly cash dividends.
Genpact (NYSE: G) will have its CFO, Ed Fitzpatrick, present at the virtual J.P. Morgan Ultimate Services Investor Conference on November 19, 2020, at 2:05 pm ET. The presentation is expected to last around 30 minutes and will be available for replay on Genpact's investor relations website for 30 days following the event. Genpact specializes in business transformation and provides digital-led innovation and intelligent operations, primarily for Global Fortune 500 companies, utilizing their AI-based platform, Genpact Cora.
Genpact (NYSE: G) has achieved CMMI V2.0 Maturity Level 5, recognizing its excellence in digital transformation services. This appraisal confirms Genpact's advanced technology capabilities and domain expertise, enhancing its service delivery. Approximately 30 companies globally have reached this level, which signifies optimizing processes based on quantitative performance data. The achievement is expected to improve client satisfaction and operational efficiency, showcasing Genpact's commitment to innovation in technology services.
Genpact Limited (NYSE: G) reported its Q3 2020 financial results, revealing a total revenue of $936 million, a 5% year-over-year increase. Revenue from Global Clients climbed 7% to $824 million, while revenue from GE fell 8% to $111 million. Net income was $85 million, down 3%, with an earnings per share of $0.43, down 4%. Genpact raised its full-year revenue outlook to $3.68 to $3.695 billion, projecting a growth of 4.5% to 5%.
Genpact Limited (NYSE: G) has declared a quarterly cash dividend of $0.0975 per share for Q4 2020, payable on December 23, 2020 to shareholders of record by December 9, 2020. This dividend indicates the company's commitment to returning value to shareholders. Future dividend declarations will be determined by the board's discretion. The press release also highlights Genpact's focus on digital transformation and operational excellence.
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Genpact (NYSE:G) announced the acquisition of Something Digital to enhance its experience business under Rightpoint. This acquisition aims to integrate Something Digital's strong e-commerce expertise with Rightpoint's customer experience capabilities, driving experience-led transformation for various industries. With consumer commerce spending up 44.5% year-over-year, this strategic move positions Genpact to capitalize on the growing digital commerce landscape, enabling better B2B and B2C solutions. Being a Gold Adobe Solution Partner further strengthens Rightpoint's market position.
Genpact (NYSE: G) will announce its third-quarter earnings results for the period ending September 30, 2020, on November 2, 2020, after U.S. market close. CEO and management will host a conference call at 4:30 p.m. ET the same day to discuss performance details. Investors can access the call by dialing the provided numbers or via a live webcast on the Genpact Investor Relations website. The event will be archived for later listening. The company emphasizes its role in driving digital-led innovation and intelligent operations for clients globally.
On August 19, 2020, Genpact (NYSE: G) was awarded the 2020 ATD BEST Award for its excellence in talent development, competing against 185 organizations. This prestigious accolade signifies Genpact's commitment to innovative learning strategies and employee development, which contribute to tangible business impacts. The company’s learning platform, Genome, empowers employees to enhance their current skills and prepare for future roles. According to Indira Sovakar, this award highlights Genpact's effectiveness as a partner in accelerating clients' transformation journeys.
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Genpact Limited (NYSE: G) announced its Q2 2020 financial results, reporting total revenue of $900 million, a 2% increase year-over-year. Revenue from Global Clients reached $783 million, up 3%, while revenue from GE declined by 2% to $117 million. Net income fell by 16% to $62 million, with a margin of 6.9%. Adjusted diluted EPS increased by 6% to $0.52. The company provided a full-year revenue guidance of $3.63 to $3.67 billion, reflecting a growth of 3% to 4%. Cash generated from operations improved to $192 million compared to $126 million in Q2 2019.