10-Q quarterly report · filed Aug 9, 2019

Genpact LTD (G) Q2 2019 10-Q Quarterly Report

Short answer

Genpact LTD (G) filed its Q2 2019 10-Q quarterly report on Aug 9, 2019 for the quarter ended Jun 30, 2019.

Genpact LTD Q2 2019 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $881.8M, up 21.0% YoY from $728.6M, driven by BPO and transformation services
  • Operating margin 12.0% vs 10.9%; gross margin 35.2% vs 36.5% YoY
  • Best segment GE revenue $118.6M, up 81.2%; BPO revenue $743.0M, up 22.6%
  • Cash $378.0M vs $368.4M; operating cash flow $121.0M in first-half 2019 vs $49.5M
  • Dividend payments $16.2M; no share repurchases during first-half 2019, with wage inflation and onshore deal costs as headwinds

Risk Factors

  • Newly added tax risk: India assessments for tax years 2009 and 2013 created aggregate demands of $158 million
  • India tax litigation: $23 million paid under protest, with potential interest on remaining demands
  • Regulatory risk: OECD BEPS reforms and EU Anti-Tax Avoidance Directive could increase tax liabilities
  • Financial risk: Tax-law changes could materially increase cash tax liability and effective tax rate

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

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