---
schema_version: "secwatch.filing_event.v1"
accession: "0001829864-24-000077"
form_type: "8-K"
ticker: "TASK"
cik: "0001829864"
company_name: "TaskUs, Inc."
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T12:49:36.952927+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# TaskUs Q1 revenue $227.5M, beats guidance; raises full-year revenue guidance by $25M

## Summary
- Q1 revenue $227.5M (down 3.3% YoY) exceeded top end of guidance; GAAP net income $11.7M ($0.13 EPS), non-GAAP adj. net income $27.3M ($0.30 adj. EPS).
- Adjusted EBITDA $50.6M (22.2% margin), free cash flow $47.6M (94.1% conversion of Adj. EBITDA).
- Full-year 2024 revenue guidance raised to $925M-$950M (midpoint $937.5M), implying ~1.4% YoY growth; Q2 revenue guided $230M-$232M.
- Repurchased 0.3M shares in Q1; net debt to Adj. EBITDA leverage 0.4x.
- Added 1,400 teammates in Q1, ending quarter with 49,600; named leader in Everest Group assessments.

## SEC filing metadata
- accession: 0001829864-24-000077
- form_type: 8-K
- ticker: TASK
- cik: 0001829864
- company_name: TaskUs, Inc.
- filed_at: 2024-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1829864/000182986424000077/0001829864-24-000077-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1829864/000182986424000077/task-20240508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001829864-24-000077
- JSON: https://secwatch.observer/filing/0001829864-24-000077.json
- Plain text: https://secwatch.observer/filing/0001829864-24-000077.txt

## Key facts
- Earnings Releases
  TaskUs, Inc. reported first quarter ended March 31, 2024 results: revenue $227.5 million, net income $11.7 million, EPS $0.13. Guidance raised.
  - Period: first quarter ended March 31, 2024
  - Revenue: $227.5 million
  - Net income: $11.7 million
  - EPS: $0.13
  - Guidance: raised
  - Result: reported results
  source text: TaskUs Announces Fiscal First Quarter 2024 Results NEW BRAUNFELS, Texas, May 8, 2024 — TaskUs, Inc. (Nasdaq: TASK), a leading provider of outsourced digital services and next-generation customer experience to the world’s most innovative companies, today announced its results for the first quarter ended March 31, 2024. • Total revenues of $227.5 million. • GAAP net income of $11.7 million , GAAP net income margin of 5.1%. • Non-GAAP Adjusted Net Income of $27.3 million , non-GAAP Adjusted Net Income margin of 12.0%. • GAAP diluted EPS of $0.13 , non-GAAP Adjusted EPS of $0.30.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1829864/000182986424000077/0001829864-24-000077-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.