Genpact Limited (NYSE:G ) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants Krista Bessinger - Head of Investor Relations Balkrishan Kalra - President and Chief Executive Officer Mike Weiner - Chief Financial Officer Conference Call Participants Bryan Bergin - TD Cowen Robby Bamberger - Baird Mayank Tandon - Needham Surinder Thind - Jefferies Bryan Keane - Deutsche Bank Sean Kennedy - Mizuho Keith Bachman - BMO Operator Good day, ladies and gentlemen. Welcome to the 2024 Second Quarter Genpact Limited Earnings Conference Call.
Genpact (G) came out with quarterly earnings of $0.79 per share, beating the Zacks Consensus Estimate of $0.73 per share. This compares to earnings of $0.72 per share a year ago.
The tech sector remains a driving force in the global economy, consistently pushing boundaries and shaping the future. So far, in 2024, the sector has experienced a rollercoaster ride.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Genpact Limited reported a 9.7% increase in average headcount, new investments in sales and marketing, and operations in the growing global artificial intelligence market. The global artificial intelligence market is expected to grow at a CAGR of 36.6% from 2024 to 2030. In my view, with the AI target market growing, the company's net sales will most likely accelerate in the coming years.
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Genpact (G) is improving the business process performances of its clients using Digital SEPs.
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Genpact (G) gains from Gen AI and Digital Smart Enterprise Processes despite client concentration and the rising cost of talent.
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Genpact's (G) first-quarter 2024 earnings and revenues increase on a year-over-year basis.