ExlService Q2 2021 Earnings Report
Key Takeaways
ExlService Holdings, Inc. reported a strong second quarter in 2021, with revenue reaching $275.1 million, a 23.6% increase compared to Q2 2020. Adjusted diluted earnings per share increased by 115% year-over-year. The company is increasing its revenue and adjusted diluted earnings per share guidance for 2021.
Revenue increased by 23.6% year-over-year to $275.1 million.
Analytics revenue increased by 36.4% compared to the second quarter of 2020.
GAAP diluted earnings per share increased to $0.81, up from $0.24 in Q2 2020.
Adjusted diluted earnings per share (Non-GAAP) increased to $1.14, up from $0.53 in Q2 2020.
ExlService
ExlService
ExlService Revenue by Segment
Forward Guidance
EXL is increasing its revenue guidance for 2021 to be in the range of $1.08 billion to $1.10 billion, representing a 12% to 14% increase year-over-year on a constant currency basis. The adjusted diluted earnings per share guidance for 2021 is also increasing to $4.30 to $4.50, representing a 22% to 27% increase over the prior year.
Positive Outlook
- Revenue of $1.08 billion to $1.10 billion, representing an increase of 13% to 15% on a reported basis from 2020.
- Revenue of $1.08 billion to $1.10 billion, representing an increase of 12% to 14% on a constant currency basis from 2020.
- Adjusted diluted earnings per share of $4.30 to $4.50, representing an increase of 22% to 27% from 2020.
Revenue & Expenses
Visualization of income flow from segment revenue to net income