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Sep 30, 2024

WNS Q2 2025 Earnings Report

WNS's second quarter results for fiscal year 2025 were announced, with revenue and margin aligning with expectations, and EPS surpassing forecasts due to a one-time tax benefit.

Key Takeaways

WNS reported a revenue of $322.6 million and a net income of $41.8 million. The company added 9 new clients and expanded 41 existing relationships. Challenges persist in online travel volumes and project-based revenues.

Revenue decreased by 3.4% year-over-year to $322.6 million.

Net income was $41.8 million, down from $59.4 million in the same quarter last year.

Diluted earnings per share were $0.92, compared to $1.20 in the prior year quarter.

Adjusted net income was $51.5 million, as compared to $54.4 million in the prior year quarter.

Total Revenue
$311M
Previous year: $325M
-4.4%
EPS
$1.13
Previous year: $1.09
+3.7%
Days Sales Outstanding
38
Gross Profit
$115M
Previous year: $115M
+0.3%
Cash and Equivalents
$93.2M
Previous year: $248M
-62.4%
Free Cash Flow
$38.8M
Previous year: $43.7M
-11.3%
Total Assets
$1.45B
Previous year: $1.45B
+0.0%

WNS

WNS

Forward Guidance

WNS is updating guidance for the fiscal year ending March 31, 2025. Revenue less repair payments is expected to be between $1,250 million and $1,296 million. Adjusted diluted earnings per share is expected to be in the range of $4.13 to $4.35.