Every material Form 8-K Genpact filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Genpact reported third-quarter 2024 revenue of $1.21 billion, up 7% year over year, and diluted EPS of $0.74, up 16%. The company raised its full-year 2024 outlook, with adjusted diluted EPS now expected at $3.23 to $3.24, up from $3.14 to $3.18 previously.
Q3 2024 net income was $133 million, up 13% year over year, and adjusted diluted EPS was $0.85, up 12%.
Full-year 2024 revenue guidance is $4.740 billion to $4.751 billion, up from prior growth guidance of about 4.0% to 5.0% as reported.
Genpact repurchased about 1.9 million common shares in the quarter for about $75 million.
Genpact's board named Nicholas Gangestad, chief financial officer at Rockwell Automation and former CFO of 3M, as a director effective August 12, 2024, and added him to the audit committee. The filing describes his compensation as a non-employee director, which includes cash retainers and restricted share units, so the change adds an experienced finance executive to the oversight of the company's financial reporting.
Board appointment effective August 12, 2024; also named to the audit committee.
Gangestad is currently CFO at Rockwell Automation and previously served as CFO at 3M.
Annual base cash retainer of $70,000, plus $22,500 for audit committee service.
Annual restricted share unit grant valued at $210,000, plus a standard director indemnification agreement.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Genpact filing is on SEC EDGAR ↗. 8-K briefs of other companies →