Loading...
•
Jun 30, 2023
IBEX Q4 2023 Earnings Report
IBEX achieved record financial results, driven by new client wins and margin expansion.
Key Takeaways
IBEX Limited reported a 0.7% increase in revenue for the fourth quarter of 2023, reaching $124.4 million. Net income decreased to $4.5 million, with diluted earnings per share at $0.24. Adjusted EBITDA increased by 21.0% to $15.4 million, with adjusted EBITDA margins at 12.4%.
Revenue increased 0.7% to $124.4 million compared to the prior year quarter.
GAAP net income and diluted earnings per share declined to $4.5 million and $0.24, respectively.
Non-GAAP adjusted EBITDA increased 21.0% to $15.4 million.
Adjusted EBITDA margins increased to 12.4%.
Forward Guidance
For the first quarter fiscal 2024 revenue is expected to be in the range of $122 to $125 million, reflective of the macroeconomic impacts. Adjusted EBITDA margin should increase to approximately 11% versus 10% in the prior year quarter on a US GAAP basis.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...