ExlService Q2 2024 Earnings Report
Key Takeaways
ExlService Holdings, Inc. reported Q2 2024 results with revenue of $448.4 million, up 10.7% year-over-year, and adjusted diluted EPS of $0.40, up 10.8% year-over-year. The company raised its full-year guidance for revenue to $1.805 billion to $1.830 billion and adjusted diluted EPS to $1.59 to $1.62.
Revenue for the quarter ended June 30, 2024 increased to $448.4 million, an increase of 10.7% year-over-year.
Diluted earnings per share for the quarter ended June 30, 2024, was $0.28.
Adjusted diluted earnings per share for the quarter ended June 30, 2024, was $0.40.
Won 23 new clients in the second quarter of 2024, with 10 clients in digital operations and solutions business and 13 clients in analytics.
ExlService
ExlService
ExlService Revenue by Segment
Forward Guidance
The company is providing the following guidance for the full year 2024: Revenue of $1.805 billion to $1.830 billion, representing an increase of 11% to 12% on both a reported and constant currency basis from 2023. Adjusted diluted earnings per share of $1.59 to $1.62, representing an increase of 11% to 13% from 2023.
Positive Outlook
- Revenue of $1.805 billion to $1.830 billion, representing an increase of 11% to 12% on both a reported and constant currency basis from 2023.
- Adjusted diluted earnings per share of $1.59 to $1.62, representing an increase of 11% to 13% from 2023.
Revenue & Expenses
Visualization of income flow from segment revenue to net income