UI - Genpact Posts Upbeat Earnings Joins Groupon Natera Funko CarGurus And Other Big Stocks Moving Higher On Friday | Benzinga
U.S. stocks were mostly higher, with the Dow Jones gaining over 100 points on Friday.
Shares of Genpact Limited (NYSE:G) rose sharply during Friday's session after the company reported better-than-expected first-quarter financial results and raised its FY24 EPS range.
Genpact posted adjusted earnings of 73 cents per share, beating market estimates of 68 cents per share. The company's quarterly sales came in at $1.13 billion versus expectations of $1.11 billion, according to data from Benzinga Pro.
Genpact shares gained 6.8% to $34.26 on Friday.
Here are some other big stocks recording gains in today's session.
- Novavax, Inc. (NASDAQ:NVAX) shares gained 139% to $10.73 after the company and Sanofi announced a co-exclusive licensing agreement to commercialize a COVID-19 vaccine and develop COVID-influenza combination vaccines.
- iTeos Therapeutics, Inc. (NASDAQ:ITOS) rose 40% to $17.06 after the company announced a $120 million registered direct offering and reported Q1 financial results.
- Sweetgreen, Inc. (NYSE:SG) shares jumped 39.4% to $32.86 after the company reported better-than-expected first-quarter sales results.
- Ouster, Inc. (NYSE:OUST) rose 34.3% to $13.90 after the company reported better-than-expected first-quarter financial results.
- Organogenesis Holdings Inc. (NASDAQ:ORGO) gained 32% to $3.02 following upbeat quarterly results.
- CareDx, Inc (NASDAQ:CDNA) ...