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Dec 31, 2022
ExlService Q4 2022 Earnings Report
ExlService reported strong Q4 2022 results with revenue and EPS growth exceeding 25%.
Key Takeaways
ExlService Holdings, Inc. reported Q4 2022 revenue of $374.7 million, a 26.8% increase year-over-year. The company's Q4 diluted EPS (GAAP) was $0.94, up 13.3% from Q4 2021, and adjusted diluted EPS (Non-GAAP) was $1.56, up 28.9% from Q4 2021.
Q4 revenue increased by 26.8% year-over-year to $374.7 million.
Q4 diluted EPS (GAAP) increased by 13.3% year-over-year to $0.94.
Q4 adjusted diluted EPS (Non-GAAP) increased by 28.9% year-over-year to $1.56.
The company issued 2023 revenue guidance in the range of $1.56 billion to $1.60 billion and adjusted diluted EPS guidance in the range of $6.60 to $6.80.
Revenue by Segment
Forward Guidance
EXL anticipates double-digit revenue and EPS growth in 2023. Revenue is projected to be in the range of $1.56 billion to $1.60 billion, representing an 11% to 13% increase year-over-year. Adjusted diluted EPS is expected to be in the range of $6.60 to $6.80, representing a 10% to 13% increase over 2022.
Positive Outlook
- Revenue of $1.56 billion to $1.60 billion, representing an increase of 11% to 13% on a reported basis from 2022.
- Revenue increase of 11% to 14% on a constant currency basis from 2022.
- Adjusted diluted earnings per share of $6.60 to $6.80, representing an increase of 10% to 13% from 2022.
- Strong pipeline
- Differentiated solutions
Challenges Ahead
- Potential for recessionary headwinds later in the year.
- Guidance based on specific currency exchange rates.
- Uncertainties and factors relating to EXL's operations and business environment.
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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