---
schema_version: "secwatch.filing_event.v1"
accession: "0001297989-24-000004"
form_type: "8-K"
ticker: "EXLS"
cik: "0001297989"
company_name: "ExlService Holdings, Inc."
filed_at: "2024-05-02T23:59:59+00:00"
generated_at: "2026-06-03T00:03:29.030257+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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

## SEC filing metadata
- accession: 0001297989-24-000004
- form_type: 8-K
- ticker: EXLS
- cik: 0001297989
- company_name: ExlService Holdings, Inc.
- filed_at: 2024-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1297989/000129798924000004/0001297989-24-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1297989/000129798924000004/exls-20240502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001297989-24-000004
- JSON: https://secwatch.observer/filing/0001297989-24-000004.json
- Plain text: https://secwatch.observer/filing/0001297989-24-000004.txt

## Key facts
- Earnings Releases
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1297989/000129798924000004/0001297989-24-000004-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.