Genpact sees medium-term double-digit adjusted earnings growth

Genpact (G) yesterday in investor day presentation slides issued medium-term targets of at least 7% revenue growth and double-digit adjusted earnings growth. The company sees “ongoing improvement” in gross margin. It is “confident that GenpactNext will accelerate innovation and growth, establishing Genpact as a leader in Advanced Technology Solutions.” Genpact expects net revenue to grow at least 7%, “with potential for significant upside as Advanced Technology Solutions momentum continues to build.” The company added that its revenue will grow faster than headcount longer term. The stock closed Thursday up 16c to $52.95.