earnings
confidence high
sentiment neutral
materiality 0.75
TaskUs Q4 revenue down 3.3% YoY to $234.3M; guides to flat FY2024 revenue growth
TaskUs, Inc.
2023-FY EPS reported
$0.48
revenue$924,365,000
- Q4 revenue $234.3M (-3.3% YoY); GAAP EPS $0.18, adjusted EPS $0.35.
- Full year 2023 revenue $924.4M (-3.8% YoY); adjusted EBITDA margin 23.9%.
- Added 47 new clients in 2023 (most since 2018), ending with nearly 200 clients.
- Q1 2024 revenue guidance $222.5-224.5M (down ~5% YoY); FY2024 revenue $900-950M (midpoint ~0% growth).
- Repurchased 10.1M shares in 2023; net debt/EBITDA 0.6x; FCF $112.7M.