Genpact Limited (NYSE:G) Q2 2019 Earnings Conference Call - Final Transcript

Aug 07, 2019 • 04:30 pm ET


Genpact Limited (NYSE:G) Q2 2019 Earnings Conference Call - Final Transcript


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Good day, ladies and gentlemen, and welcome to the Second Quarter 2019 Genpact Limited Earnings Conference Call. My name is Dorinda, 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 towards the end of this conference call. We expect the call to conclude at about an hour. As a reminder, this call is being recorded for replay purposes. The replay of the call will be archived and made available on the Investor Relations section of Genpact's website.

I'd now like to turn the call over to Roger Sachs, head of Investor Relations at Genpact. Please proceed, sir.

Roger Sachs

Thank you, Dorinda, and good afternoon, everybody, and welcome to Genpact's second quarter earnings call to discuss our results for the quarter ended June 30, 2019. We hope you had a chance to review our earnings release, which was posted to the IR section of our website, Joining the call from London is Tiger Tyagarajan, our President and Chief Executive Officer; and with me in New York is Ed Fitzpatrick, our Chief Financial Officer. Our agenda for today will be as follows: Tiger will provide a high-level overview of our second quarter results and update you on our strategy; and Ed will then discuss our financial performance in greater detail and provide an update on our outlook for the year. Tiger will then come back for some closing comments, and then we'll take your questions. And as Dorinda just noted, 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, 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 views 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.

Tiger Tyagarajan

Thank you, Roger. Good afternoon, everyone, and thank you for joining us today for our 2019 Second Quarter Earnings Call. I'm speaking to you from London today while I'm here attending a set of client meetings. I'm very excited that the momentum we saw coming off 2018 has continued throughout the first half of 2019. Large deal ramps, ongoing Transformation Services wins and outstanding execution by our teams led to another quarter of strong performance from both Global Clients and GE.

We delivered our highest year-over-year revenue growth rate since the first quarter of 2012. What is more gratifying is that we drove even stronger growth in our adjusted operating income, adjusted EPS and operating cash flow. The need for enterprises