secwatch.observer — SEC 8-K summary
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Issuer:     IBEX Ltd (IBEX)
CIK:        0001720420
Form:       8-K
Filed at:   2024-02-08T23:59:59+00:00
Accession:  0001720420-24-000009
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IBEX Q2 FY2024 revenue down 4.8% YoY to $132.6M; diluted EPS $0.33 vs $0.49 prior year
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- Net income fell to $6.1M from $9.3M; net income margin declined to 4.6% from 6.7% a year ago.
- Eight new client wins in the quarter, bringing H1 total to 12 vs 7 in the prior year period.
- CEO cited volume softness with several clients as a headwind to top and bottom lines.
- Strategic investments in sales and AI capabilities are being made to drive future growth.
- Revenue of $132.6M decreased 4.8% compared to the prior year quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1720420/000172042024000009/0001720420-24-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1720420/000172042024000009/ibex-20240208.htm
  HTML page:      https://secwatch.observer/filing/0001720420-24-000009

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