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Dec 31, 2019
ExlService Q4 2019 Earnings Report
ExlService's Q4 2019 earnings increased compared to Q4 2018, driven by revenue growth and improved operating income margin.
Key Takeaways
ExlService reported a strong fourth quarter in 2019, with revenues up 9.4% year-over-year to $256.9 million. Diluted EPS increased to $0.62, and adjusted diluted EPS rose to $0.79. The company's performance was driven by growth in both Analytics and operations management businesses, particularly in the Insurance and Healthcare verticals.
Revenues for Q4 2019 increased to $256.9 million, up 9.4% year-over-year.
Q4 Diluted EPS (GAAP) was $0.62, up from $0.11 in Q4 2018.
Q4 Adjusted Diluted EPS (Non-GAAP) was $0.79, up from $0.74 in Q4 2018.
The wind down of the Health Integrated business was substantially completed on December 31, 2019, with no further impairment and restructuring charges expected in 2020.
Revenue by Segment
Forward Guidance
The company provided initial 2020 guidance, projecting revenue between $1.040 billion and $1.065 billion, representing a 5% to 8% annual revenue growth rate on a constant currency basis. Adjusted diluted earnings per share are expected to be between $3.42 and $3.58.
Positive Outlook
- Revenue of $1.040 billion to $1.065 billion is expected.
- Annual revenue growth rate of 5% to 8% on a constant currency basis is projected.
- Adjusted diluted earnings per share of $3.42 to $3.58 is anticipated.
- Growth in Analytics business.
- Operations management businesses grew nicely.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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