Genpact Q2 revenue hits $1.1Bn
NEW YORK, UNITED STATES — Global services firm Genpact Limited reported a Q2 revenue of US$1.106 billion, marking a 2% increase year-on-year.
The company’s Data-Tech-AI services contributed US$501 million or 45% of this total, while Digital Operations accounted for US$605 million or 55%.
Additionally, Genpact’s net income surged 62% to US$116 million. Diluted earnings per share rose by 66% to $0.63, with an adjusted figure at $0.72, a 3% uptick.
CEO “Tiger” Tyagarajan commented on the company’s positive trajectory, noting clients’ emphasis on cost reduction and digital transformation.
“Cost reduction and digital transformation continue to remain high priorities for our clients, who are increasingly turning to us to help accelerate their data journeys, paving the way for us to deliver more value to them through AI-augmented, end-to-end services,” he stated.
For the full-year 2023, Genpact anticipates revenues ranging from US$4.59 billion to US$4.64 billion, reflecting a 5-6% growth.
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