secwatch.observer — SEC 8-K summary
======================================

Issuer:     IBEX Ltd (IBEX)
CIK:        0001720420
Form:       8-K
Filed at:   2023-11-09T23:59:59+00:00
Accession:  0001720420-23-000028
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IBEX Q1 FY2024 revenue $124.6M (-2.5% YoY); net income up to $7.4M, EPS $0.39
-----------------------------------------------------------------------------

- Revenue $124.6M, down 2.5% YoY but at high end of guidance, driven by onshore-to-offshore migration.
- Net income increased to $7.4M (6.0% margin) from $6.5M (5.1% margin) in prior-year quarter.
- Diluted EPS rose to $0.39 from $0.35 YoY, reflecting improved profitability.
- Management cites continued shift to higher-margin offshore regions as key revenue mix driver.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1720420/000172042023000028/0001720420-23-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1720420/000172042023000028/ibex-20231109.htm
  HTML page:      https://secwatch.observer/filing/0001720420-23-000028

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer