Why Genpact Stock Raced Nearly 16% Higher Today

Core Insights - Genpact Limited reported strong quarterly earnings, with shares closing nearly 16% higher, outperforming the S&P 500 index's 0.1% increase [1] Financial Performance - The company's net revenue for the third quarter was slightly over $1.29 billion, reflecting a nearly 7% improvement compared to the same quarter in 2024 [2][3] - Advanced technology solutions segment saw a 20% revenue increase to $311 million, while the core business services unit's revenue rose by 3% to $980 million [3] - Net income according to GAAP rose by almost 10% to $146 million, with adjusted earnings per share increasing by 14% to $0.97, surpassing analyst estimates [4] Growth Drivers - Demand for AI solutions is significantly boosting Genpact's fundamentals, with the CEO emphasizing the company's role in integrating advanced technology solutions [5] - Management raised its net revenue guidance for 2025 to a growth range of 6.1% to 6.4%, up from a previous estimate of 4% to 6% [5] - Adjusted earnings projection was also increased to a range of $3.60 to $3.61 per share, up from $3.51 to $3.58 [5]