earnings
confidence high
sentiment positive
materiality 0.80
EXL Q2 revenue $448.4M (+10.7% YoY); raises FY revenue guidance to $1.805-1.830B
ExlService Holdings, Inc.
2024-Q2 EPS reported
$0.57
revenue$884,873,000
- Revenue $448.4M, +10.7% YoY; GAAP diluted EPS $0.28 (-4.1%), adjusted diluted EPS $0.40 (+10.8%).
- FY 2024 revenue guidance raised to $1.805-1.830B (prior $1.790-1.820B); adjusted EPS guidance $1.59-1.62.
- Segment revenue: Insurance $149.3M, Healthcare $28.1M, Emerging $77.2M, Analytics $193.8M; gross margin 37.1%.
- Established strategic collaboration with NVIDIA for AI apps; acquired ITI Data (expected $7-9M rev, neutral to adj EPS).
- Won 23 new clients in Q2 (10 digital ops, 13 analytics); celebrated 25th anniversary.