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Genpact Posts Higher Q1 Adjusted Profit, Raises 2021 Non-GAAP EPS Outlook

05/10/2021 12:54

04:49 PM EDT, 05/10/2021 (MT Newswires) -- Genpact (G) posted an adjusted Q1 profit of $0.59 a share, compared with $0.53 a share for the same period in 2020.

Revenue for the quarter rose 2.5% to $946.1 million.

A poll of analysts by Capital IQ estimated Genpact would report an adjusted profit of $0.48 a share on revenue of $924.4 million.

Looking ahead, Genpact reaffirmed its prior 2021 revenue guidance of $3.93 billion to $3.99 billion. It raised its adjusted EPS outlook to $2.27 to $2.30, up from its prior range of $2.26 to $2.29.

Analysts were expecting 2021 adjusted EPS of $2.28 on revenue of $3.97 billion.

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