Genpact (NYSE: G) saw its shares soar 6.30% in after-hours trading on Thursday following the release of its third-quarter earnings report, which exceeded analyst expectations and included an upward revision of the company's full-year guidance.
The global professional services firm reported third-quarter revenue of $1.291 billion, up 6.6% year-over-year and surpassing the consensus estimate of $1.266 billion. Adjusted earnings per share came in at $0.97, significantly beating the expected $0.90. Genpact's performance was driven by strong growth across its business segments, with Advanced Technology Solutions net revenues increasing by an impressive 20.0% to $311 million.
Looking ahead, Genpact raised its full-year 2025 outlook, now expecting net revenues in the range of $5.059 billion to $5.071 billion. The company also projects adjusted diluted earnings per share between $3.60 and $3.61 for the full year. This positive guidance, coupled with the strong Q3 results, appears to have fueled investor optimism, leading to the significant after-hours stock price increase.