Genpact Limited (NYSE:G) Q4 2018 Earnings Conference Call Transcript

Feb 07, 2019 • 04:30 pm ET


Genpact Limited (NYSE:G) Q4 2018 Earnings Conference Call Transcript


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Good day, ladies and gentlemen. And welcome to the Fourth Quarter and Full Year 2018 Genpact Limited Earnings Conference Call. My name is Sarah, and I'll be your conference moderator for today. At this time, all participants are in a listen-only mode. We will conduct a question-and-answer session towards the end of this conference. We expect the call to conclude in about an hour. As a reminder, this call is being recorded for replay purposes. The replay of this call will be archived and made available on the IR section of Genpact's website.

I would now like to turn the call over to Roger Sachs, Head of Investor Relations at Genpact. Please go ahead, sir.

Roger Sachs

Thank you, Sarah, and good afternoon, everybody, and welcome to Genpact's fourth quarter earnings call to discuss our results for the fourth quarter and full year ended December 31, 2018. We hope you had a chance to review our earnings release, which was posted to the IR section of our website

With me in New York today are Tiger Tyagarajan, our President and Chief Executive Officer; and Ed Fitzpatrick, our Chief Financial Officer. Our agenda today will be as follows. Tiger will provide a high level overview of our results, and update you on our strategic initiatives. Ed, will then discuss our financial performance in greater detail and provide our outlook for 2019. Tiger will then come back for some closing comments, and then we will take your question, and as Sarah just mentioned, we expect the call to last about an hour.

Some of the matters we will discuss in today's call are forward-looking. These forward-looking statements involve a number of risks and uncertainties and other factors that could cause actual results to differ materially from those in such forward-looking statements. Such risks and uncertainties are set forth in our press release.

In addition, during our call today, we will refer to certain non-GAAP financial measures. We believe these non-GAAP measures provide additional information to enhance the understanding of the way management to use the operating performance of our business. You can find a reconciliation of these measures to GAAP in today's earnings release posted to the IR section of our website.

And with that, let me turn the call over to Tiger.

Nallicheri Tyagarajan

Thank you, Roger. Good afternoon, everyone, and thank you for joining us today for our 2018 fourth quarter and year-end earnings call. We had a great end to 2018. I'm really pleased with our fourth quarter and full year results, as we stayed focused and executed well on our strategy, driving strong financial performance. It is clear that we have crossed a tipping point in terms of our reputation, as a preferred digital transformation partner in our chosen industry verticals and service lines. We believe we have set the stage for long-term sustainable growth and profitability in an expanding addressable market.

Here are our full year 2018 results on a constant currency basis. Total revenue increased 9%; global client revenue increased