IBEX reports Q3 FY2024 record adjusted EBITDA margin 15.1%, adj EPS $0.70; announces $30M share repurchase

IBEX Ltd

2024-Q3 EPS reported $1.29 revenue$384,038,000

Revenue $126.8 million (-3.6% YoY); net income $10.3M ($0.57 diluted EPS) vs $11.3M ($0.59) prior year.
Adjusted EBITDA $19.2M (record 15.1% margin); adjusted EPS $0.70 (record).
Won 3 new clients in Q3, bringing YTD total to 15 vs 8 in prior YTD period.
Board authorized up to $30M share repurchase over next 12 months, funded from existing cash.

item 2.02 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

IBEX Ltd reported third fiscal quarter ended March 31, 2024 results: revenue $126.8 million, net income $10.3 million, EPS $0.57.

Period: third fiscal quarter ended March 31, 2024
Revenue: $126.8 million
Net income: $10.3 million
EPS: $0.57
Result: reported results

Exact text from the filing

emerging Technology companies this quarter, totaling fifteen for the year-to-date compared to eight in the prior year-to-date period. GAAP Financials: • Third quarter revenue of $126.8 million declined 3.6% from the prior year quarter. • Net income of $10.3 million compared to $11.3 million in the prior year quarter. Net income margin decreased to 8.1% from 8.6% in the

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Source: SEC EDGAR

accession 0001720420-24-000030

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