10-Q quarterly report · filed May 10, 2018

Genpact LTD (G) Q1 2018 10-Q Quarterly Report

Short answer

Genpact LTD (G) filed its Q1 2018 10-Q quarterly report on May 10, 2018 for the quarter ended Mar 31, 2018.

Genpact LTD Q1 2018 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $688.9M, up 10.6% YoY from $623.0M, driven by Global Clients growth
  • BPO revenue $574.1M, up 12.3%; GE revenue weakest, down 16.2% to $58.0M
  • Gross margin 35.5% vs 38.5%; operating margin 9.3% vs 12.7% YoY
  • Operating cash flow $(27.3)M vs $31.0M; cash declined to $424.2M from $504.5M
  • Headwinds: wage inflation, foreign exchange, lower utilization, higher receivables and increased LIBOR-related interest expense

Risk Factors

  • No new or changed Risk Factors section provided, only carried-forward risks referenced from the 2017 10-K
  • Regulatory risk: Tax Cuts and Jobs Act transition-tax liability remains provisional pending controlled-foreign-corporation earnings calculations
  • Operational risk: Gross margin declined to 35.5% from 38.5%, reflecting wage inflation, lower utilization and higher onshore staffing costs
  • Market risk: GE revenue fell 16.2% to $58.0 million, increasing exposure to client concentration despite Global Clients growth
  • Financial risk: $275.0 million revolving-facility drawdown and $688.3 million term loan outstanding, with term-loan maturity concentrated in 2020

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

Other Genpact LTD quarterly reports

Ask about this quarter

Compare quarters, check guidance or see what insiders and funds did around the report.