Genpact Posts Upbeat Earnings, Joins Groupon, Natera, Funko, CarGurus And Other Big Stocks Moving Higher On Friday

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) gained 26.3% to $13.99 after the company reported better-than-expected first-quarter financial results and issued FY24 revenue guidance above estimates.
• Groupon, Inc. (NASDAQ:GRPN) climbed 22.3% to $12.85 after the company reported better-than-expected first-quarter results.
• ADMA Biologics, Inc. (NASDAQ:ADMA) climbed 21% to $8.39 after the company reported better-than-expected first-quarter financial results and issued strong revenue guidance.
• SoundHound AI, Inc. (NASDAQ:SOUN) shares rose 19.3% to $5.66 in pre-market trading after the company reported better-than-expected first quarter financial results.
• American Coastal Insurance Corporation (NASDAQ:ACIC) gained 17.2% to $12.79 after the company reported better-than-expected first quarter financial results. The company announced the sale of 100% of its issued and outstanding stock of Interboro Insurance Company to Forza Insurance Holdings.
• Gen Digital Inc. (NASDAQ:GEN) rose 15% to $23.42 after the company reported better-than-expected quarterly earnings and authorized a $3 billion share repurchase program.
• Mettler-Toledo International Inc. (NYSE:MTD) rose 14.6% to $1,478.49 after the company reported better-than-expected first-quarter financial results and issued guidance.
• Clean Energy Fuels Corp. (NASDAQ:CLNE) gained 13.6% to $2.74 following upbeat quarterly results.
• Natural Grocers by Vitamin Cottage, Inc. (NASDAQ:NGVC) climbed 13.2% to $20.19 following second-quarter results.
• Natera, Inc. (NASDAQ:NTRA) gained 11.3% to $106.36 following strong first-quarter earnings.
• NuScale Power Corporation (NYSE:SMR) rose 11% to $6.50 following first-quarter results.
• Integral Ad Science Holding Corp. (NASDAQ:IAS) climbed 8.8% to $9.12 after the company reported better-than-expected first-quarter sales results and issued FY24 revenue guidance above estimates.
• Dutch Bros Inc. (NYSE:BROS) rose 8.7% to $35.68 after TD Cowen upgraded the stock from Hold to Buy and raised its price target from $33 to $46.
• H&R Block, Inc. (NYSE:HRB) gained 7.5% to $52.89 after the company reported better-than-expected quarterly financial results.
• RB Global, Inc. (NYSE:RBA) gained 7.3% to $78.24 after the company reported better-than-expected first-quarter financial results.
• Funko Inc (NASDAQ:FNKO) rose 7% to $7.30 as the company reported better-than-expected first-quarter earnings and issued strong earnings forecast for the second quarter. The company also appointed Cynthia Williams as its Chief Executive Officer, effective May 20.
• DigitalOcean Holdings, Inc. (NYSE:DOCN) gained 6.9% to $34.82 following better-than-expected first-quarter earnings and upbeat guidance.
• Nelnet, Inc. (NYSE:NNI) gained 6.4% to $104.94 after the company reported better-than-expected earnings results.
• CarGurus, Inc. (NASDAQ:CARG) rose 6.3% to $23.68 after the company reported mixed first-quarter financial results.
• Ubiquiti Inc. (NYSE:UI) gained 5.7% to $123.36 after the company reported mixed quarterly financial results.
• The Boston Beer Company, Inc. (NYSE:SAM) gained 4.1% to $296.21.
• Array Technologies, Inc. (NASDAQ:ARRY) shares gained 3.5% to $12.94 after the company reported stronger-than-expected financial results for the first quarter on Thursday.