IBEX reported a strong second quarter in fiscal year 2025, marked by record revenue growth of 6.1% year-over-year and a 36% increase in adjusted EPS. The company also repurchased 3.6 million shares, eliminating controlled company status and raised its revenue guidance for fiscal year 2025.
Revenue increased by 6.1% compared to the prior year quarter, marking the highest growth in 9 quarters.
Adjusted EPS grew by 36% compared to the prior year quarter, reaching $0.59.
Adjusted EBITDA margin expanded year-over-year, continuing a trend for 10 out of the last 11 quarters.
The company repurchased approximately 3.6 million shares, representing 21% of shares outstanding and eliminating controlled company status.
IBEX raised its fiscal year 2025 guidance, with revenue expected to be in the range of $525 to $535 million, and adjusted EBITDA expected to be in the range of $68 to $69 million. Capital expenditures are expected to remain in the range of $15 to $20 million.