secwatch.observer — SEC 8-K summary
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Issuer:     IBEX Ltd (IBEX)
CIK:        0001720420
Form:       8-K
Filed at:   2024-05-09T23:59:59+00:00
Accession:  0001720420-24-000030
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1720420/000172042024000030/0001720420-24-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1720420/000172042024000030/ibex-20240509.htm
  HTML page:      https://secwatch.observer/filing/0001720420-24-000030

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