Genpact Q3 2023 Earnings Report
Key Takeaways
Genpact reported third-quarter results with total revenue of $1.14 billion, a 2% increase year-over-year. Diluted EPS was $0.64, up 25%, and adjusted diluted EPS was $0.76, up 1%. The company saw increasing pressure in short-cycle advisory work, but bookings remain strong.
Total revenue was $1.14 billion, up 2% year-over-year.
Digital Operations services revenue was $636 million, up 6% year-over-year.
Data-Tech-AI services revenue was $500 million, down 2% year-over-year.
Diluted earnings per share was $0.64, up 25% year-over-year, and adjusted diluted earnings per share was $0.76, up 1% year-over-year.
Genpact
Genpact
Genpact Revenue by Segment
Forward Guidance
Genpact now expects total revenue of approximately $4.45 billion, up 2% year-over-year, or 2.5% year-over-year on a constant currency basis. Adjusted income from operations margin of approximately 17.0%, up from the prior expectation of 16.8%. Adjusted diluted EPS of $2.89 compared to the prior range of $2.91 to $2.94.
Revenue & Expenses
Visualization of income flow from segment revenue to net income