NYSE$G
Genpact Limited · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Achieved revenue above guidance, driven by improved execution and performance in Data-Tech-AI and Digital Operations.
Genpact reported Q1 2024 results with total revenue of $1.13 billion, up 4% year-over-year. Diluted EPS was $0.64, up 12%, and adjusted diluted EPS was $0.73, up 7%. The company's performance was driven by improvements in execution and better-than-expected results in both Data-Tech-AI and Digital Operations.
- Total revenue was $1.13 billion, a 4% increase year-over-year.
- Data-Tech-AI revenue reached $524 million, up 3% year-over-year, representing 46% of total revenue.
- Digital Operations revenue was $607 million, up 5% year-over-year, accounting for 54% of total revenue.
- Diluted earnings per share was $0.64, a 12% increase year-over-year, while adjusted diluted earnings per share was $0.73, up 7%.
Headline financials
Revenue & EPS history
Genpact · Revenue · Quarterly
$1.13B
Revenue by segment
Genpact · $1.14B total across 2 segments · Q3 2023
- Digital Operations$636M+6.0%56.0%
- Data-Tech-AI$500M-2.0%44.0%
Forward guidance
Genpact's updated outlook for the full year 2024 includes total revenue in the range of $4.59 billion to $4.63 billion, gross margin of approximately 35.3%, adjusted income from operations margin of approximately 17.0%, and adjusted diluted EPS in the range of $3.01 to $3.04. For the second quarter of 2024, total revenue is expected to be in the range of $1.143 billion to $1.148 billion, gross margin of approximately 34.8%, and adjusted income from operations margin of approximately 16.5%.
Tailwinds
- Total revenue in the range of $4.59 billion to $4.63 billion, representing year-over-year growth of approximately 2.5% to 3.5%.
- Digital Operations revenue growth of approximately 3.6% year-over-year at the midpoint of the range.
- Data-Tech-AI revenue growth of approximately 2.3% year-over-year at the midpoint of the range.
- Gross margin of approximately 35.3%.
- Adjusted diluted EPS in the range of $3.01 to $3.04.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2024
+0.0%
Avg return
Earnings day
+0.7%
Avg return
5 days after
+1.6%
Avg return
30 days after
54%
37 / 68 earnings
Positive
+16.2%
Q2 2024
Best reaction
-16.2%
Q4 2013
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +2.0% | -14.6% | -5.4% | |
| Q4 2025 | +7.1% | -1.4% | +10.6% | |
| Q3 2025 | +15.8% | +18.6% | +20.8% | |
| Q1 2025 | -15.1% | -11.8% | -13.0% | |
| Q4 2024 | +11.2% | +11.1% | +4.5% | |
| Q3 2024 | +13.5% | +15.3% | +11.6% | |
| Q2 2024 | +16.2% | +16.4% | +18.7% | |
| Q1 2024 | +2.5% | +5.2% | +3.0% | |
| Q4 2023 | +4.9% | +0.8% | -1.3% | |
| Q3 2023 | -8.8% | -7.6% | -0.9% | |
| Q2 2023 | +4.9% | +3.2% | +4.0% | |
| Q1 2023 | -8.9% | -6.6% | -5.0% | |
| Q4 2022 | +0.1% | -0.2% | -5.2% | |
| Q3 2022 | -0.2% | -2.5% | -2.8% | |
| Q2 2022 | -3.0% | -2.2% | -4.4% | |
| Q1 2022 | -0.4% | -0.1% | +9.4% | |
| Q4 2021 | -8.2% | -7.4% | -14.7% | |
| Q3 2021 | -1.0% | +0.8% | -0.1% | |
| Q2 2021 | +2.3% | +3.3% | +5.8% | |
| Q1 2021 | -3.8% | -5.3% | -3.3% | |
| Q4 2020 | +0.5% | +0.1% | +1.7% | |
| Q3 2020 | +5.8% | +13.5% | +19.1% | |
| Q2 2020 | +0.7% | +1.0% | -4.5% | |
| Q1 2020 | -4.1% | -8.3% | +1.8% | |
| Q4 2019 | -5.0% | -6.0% | -14.9% | |
| Q3 2019 | -2.1% | -1.1% | +1.2% | |
| Q2 2019 | +10.2% | +8.6% | +9.7% | |
| Q1 2019 | +1.7% | +0.8% | +1.2% | |
| Q4 2018 | +5.3% | +4.9% | +7.5% | |
| Q3 2018 | +7.6% | +10.2% | +4.8% | |
| Q2 2018 | -3.6% | -2.9% | -2.7% | |
| Q1 2018 | -6.4% | -4.4% | -4.1% | |
| Q4 2017 | -5.1% | -1.1% | -0.2% | |
| Q3 2017 | +2.4% | +2.4% | +6.1% | |
| Q2 2017 | +2.9% | +1.1% | -2.3% | |
| Q1 2017 | +1.7% | +3.7% | +12.1% | |
| Q4 2016 | -5.4% | -5.1% | -4.9% | |
| Q3 2016 | +2.8% | +3.1% | +4.3% | |
| Q2 2016 | -6.6% | -7.7% | -7.2% | |
| Q1 2016 | -2.9% | — | — | |
| Q4 2015 | +5.4% | — | — | |
| Q3 2015 | +0.9% | — | — | |
| Q2 2015 | +6.2% | — | — | |
| Q1 2015 | +0.0% | — | — | |
| Q4 2014 | +4.9% | — | — | |
| Q3 2014 | +2.8% | — | — | |
| Q2 2014 | -0.7% | — | — | |
| Q1 2014 | -6.6% | — | — | |
| Q4 2013 | -16.2% | — | — | |
| Q3 2013 | -8.5% | — | — | |
| Q2 2013 | -7.5% | — | — | |
| Q1 2013 | +2.4% | — | — | |
| Q4 2012 | +0.1% | — | — | |
| Q3 2012 | -6.2% | — | — | |
| Q2 2012 | +6.3% | — | — | |
| Q1 2012 | -1.0% | — | — | |
| Q4 2011 | +1.0% | — | — | |
| Q3 2011 | -5.3% | — | — | |
| Q4 2010 | -5.3% | — | — | |
| Q2 2011 | -3.3% | — | — | |
| Q1 2010 | +4.0% | — | — | |
| Q1 2011 | +0.3% | — | — | |
| Q4 2008 | -1.1% | — | — | |
| Q3 2009 | -1.2% | — | — | |
| Q3 2010 | -1.2% | — | — | |
| Q4 2009 | +0.3% | — | — | |
| Q2 2010 | +0.3% | — | — | |
| Q2 2009 | +0.3% | — | — |
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