EXL reports Q1 revenue $436.5M (+9% YoY); raises FY 2024 guidance

ExlService Holdings, Inc.

2024-Q1 EPS reported $0.29 revenue$436,507,000

Q1 revenue $436.5M (+9.0% YoY); GAAP diluted EPS $0.29 (-3.3% YoY); adjusted diluted EPS $0.38 (+8.9% YoY)
Operating margin 14.1% (GAAP) vs 14.8% YoY; adjusted operating margin 18.9% vs 19.4%
Raised FY 2024 revenue guidance to $1.79B-$1.82B (from $1.78B-$1.82B); adjusted EPS guidance to $1.58-$1.62 (from $1.56-$1.62)
Won 16 new clients in Q1; entered $125M accelerated share repurchase as part of $500M program
Leadership changes: Rohit Kapoor named chairman; Vikas Bhalla and Vivek Jetley named presidents

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 1.0

ExlService Holdings, Inc. updated its three months ended March 31, 2024 guidance (raised).

Period: three months ended March 31, 2024
Guidance: raised
Result: reported results

Exact text from the filing

On May 2, 2024 , ExlService Holdings, Inc. (the “Company”) reported its results of operations for the three months ended March 31, 2024 . A copy of the press release issued by the Company concerning the foregoing is furnished herewith as Exhibit 99.1 and is incorporated herein by reference.

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Source: SEC EDGAR

accession 0001297989-24-000004

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