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Jun 30, 2022
TaskUs Q2 2022 Earnings Report
TaskUs's revenue increased by 36.9% year-over-year, driven by expansion with existing clients and new client engagements.
Key Takeaways
TaskUs reported strong second-quarter results with revenue of $246.5 million, representing 36.9% year-over-year growth. The company's GAAP net income was $7.7 million, with a margin of 3.1%. Non-GAAP Adjusted Net Income reached $38.7 million, with a margin of 15.7%.
Second quarter total revenues of $246.5 million, representing 36.9% of year-over-year growth.
GAAP net income of $7.7 million, GAAP net income margin of 3.1%.
Non-GAAP Adjusted Net Income of $38.7 million, non-GAAP Adjusted Net Income margin of 15.7%.
GAAP diluted earnings per share of $0.07, non-GAAP Adjusted EPS of $0.38.
Forward Guidance
TaskUs expects full year 2022 revenues between $930 million and $950 million, representing growth of 23.6% at the midpoint, Adjusted EBITDA margin of approximately 22.3%, and Free Cash Flow of approximately $100 million.
Positive Outlook
- Revenue between $930 million and $950 million
- Revenue growth of 23.6% at midpoint
- Adjusted EBITDA margin of approximately 22.3%
- Free Cash Flow of approximately $100 million
Historical Earnings Impact
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Avg. Return Before/After Earnings
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