Genpact Raises Earnings Growth Outlook to at Least 13% as Technology Revenue Rises 30.3%
Key Facts
Genpact reported revenue of $1.385 billion in the third quarter of 2026, up 7.3% year over year, and raised its forecast for full-year growth in adjusted diluted earnings per share to at least 13%. The company said revenue from advanced technology solutions reached $405 million, up 30.3% year over year. Adjusted diluted earnings per share were $1.07, an annual increase of 10.3%. The CFO attributed the quarter's results to strong revenue growth and an expanding gross margin. The results came on the day the company reported its third-quarter performance, while its shares closed at $41.10 on November 5.
In internet infrastructure and cybersecurity, Cloudflare reported third-quarter 2026 revenue of $782.5 million, up 39% year over year and above analysts' estimate of about $736.8 million. Adjusted earnings were $0.38 a share, compared with an estimate of $0.34. The company said gross profit under generally accepted accounting principles (GAAP) was $557.2 million, with a 71.2% margin, compared with gross profit of $415.7 million and a 74.0% margin in the third quarter of 2025. Cloudflare had previously said the quarter ended on September 30 and that it would release results after the market closed on November 5. NET shares closed at $244.51 that day, before rising 12.6% in premarket trading on November 6 after results topped expectations.
Cloudflare forecast fourth-quarter fiscal 2026 revenue of between $845 million and $846 million, and unadjusted GAAP net earnings per share, on a non-GAAP basis, of $0.43, using a weighted average share count of about 379 million. These figures represent the company's guidance for the next period following its third-quarter results. The stock had closed at $244.51 on November 5, before the next day's premarket move. The guidance sets out expected revenue and earnings for the coming quarter alongside the quarterly comparison, which showed results exceeding analysts' estimates. The disclosure did not include a fourth-quarter gross margin forecast.
Atlassian, meanwhile, listed November 5, 2026, as the date for its fiscal 2027 first-quarter results announcement; TEAM shares closed at $183.29 that day. Premarket data published on November 6 showed the stock down 15.8% after the company issued weaker-than-expected growth guidance, despite quarterly earnings topping analysts' estimates. Management estimated fiscal 2027 revenue growth at about 13.75%. The stock's premarket move reflected investors' response to the growth outlook issued with the results. Available evidence does not include further details on quarterly revenue or the amount by which earnings exceeded estimates.