Genpact(US:G)2025-05-07 20:07Financial Performance - Net revenues for Q1 2025 were $1.215 billion, representing a year-over-year increase of 7.4% and 8.3% on a constant currency basis[5]. - Data-Tech-AI net revenues reached $582 million, up 11.1% year-over-year, accounting for 48% of total revenue[5]. - Digital Operations net revenues were $633 million, reflecting a 4.2% year-over-year increase, representing 52% of total revenue[5]. - Diluted EPS for Q1 2025 was $0.73, up 14% year-over-year, while adjusted diluted EPS was $0.84, up 16%[5]. - Net income for the three months ended March 31, 2025, increased to $130,853, up from $116,947 in the same period of 2024, representing a growth of 11.5%[16]. - Adjusted income from operations for Q1 2025 was $209,734, compared to $181,879 in Q1 2024, reflecting an increase of 15.3%[25]. - The adjusted income from operations margin improved to 17.3% in Q1 2025, up from 16.1% in Q1 2024[25]. - Diluted EPS rose to $0.73 in Q1 2025, compared to $0.64 in Q1 2024, marking a growth of 14.1%[28]. Cash Flow and Operations - Cash generated from operations was $40 million, a significant increase from $26 million utilized in operations in Q1 2024[5]. - The company reported a net cash used for operating activities of $(25,561) in Q1 2024, which turned into a net cash provided of $40,436 in Q1 2025[16]. - Cash and cash equivalents at the end of Q1 2025 were $561,615, an increase from $478,398 at the end of Q1 2024[16]. - The company experienced a net decrease in cash and cash equivalents of $(98,433) in Q1 2024, compared to $(84,329) in Q1 2025[16]. Future Projections - The company expects Q2 2025 net revenues in the range of $1.210 billion to $1.233 billion, indicating year-over-year growth of approximately 2.8% to 4.8%[7]. - For the full year 2025, net revenues are projected to be between $4.862 billion and $5.005 billion, representing year-over-year growth of approximately 2.0% to 5.0%[7]. - The gross margin for Q2 2025 is expected to be approximately 35.5%[7]. - Adjusted diluted EPS for the full year 2025 is projected to be in the range of $3.41 to $3.52, down from the previous range of $3.52 to $3.59[7]. - The estimated adjusted income from operations margin for the year ending December 31, 2025, is projected to be 17.3%[29]. Shareholder Actions - The company repurchased approximately 1.2 million common shares during the quarter for a total consideration of approximately $63 million at an average price per share of $52.17[5]. - Stock-based compensation expense for Q1 2025 was $20,036, up from $9,181 in Q1 2024[25].