Highest-materiality recent filing
EXL to acquire iMerit for up to $310M to strengthen enterprise AI capabilities
Upfront cash consideration of $170M; up to $140M in earnouts over two years.
ExlService stockholders elect all seven director nominees, ratify auditor, approve say-on-pay
Seven directors elected: Kapoor, Pandit, Bartlett, Fibig, Geraghty, Pipes, Williamson (terms expire 2027).
EXL appoints Bhupender Singh as President, Head of International Growth Markets, eff. May 11, 2026
Bhupender Singh appointed President and Head of International Growth Markets, reporting to CEO Rohit Kapoor.
EXL Q1 revenue $570.4M (+13.8% YoY); adj. EPS $0.58 (+20.2%); FY guidance raised
Revenue $570.4M (+13.8% YoY); GAAP diluted EPS $0.43; adjusted diluted EPS $0.58 (+20.2% YoY).
EXLS enters $125M accelerated share repurchase; director Sahney to step down
Entered $125M accelerated share repurchase with Morgan Stanley under $500M board authorization.
ExlService Q4 revenue $542.6M (+12.7% YoY); FY2026 guidance 9-11% growth; $500M buyback
Q4 2025 revenue $542.6M (+12.7% YoY); GAAP diluted EPS $0.38 (+21.8%), adjusted diluted EPS $0.50 (+15.0%)
EXL repurchases 1.55M shares from Orogen for $63.4M; Pandit stays on board
1,551,970 shares bought from Orogen Echo LLC at $40.834/share, aggregate $63,373,143.
EXL Q3 revenue up 12% to $529.6M; GAAP EPS $0.36, adj. EPS $0.48; lifts FY guidance
Revenue of $529.6M, up 12.2% YoY; GAAP diluted EPS $0.36 (+10.7%); adjusted diluted EPS $0.48 (+10.8%).
EXL appoints Patrick Geraghty to Board of Directors; former GuideWell CEO
Patrick Geraghty appointed as independent director effective October 20, 2025; will serve on audit and nominating/governance committees.
EXL Q2 revenue $514.5M (+14.7% YoY), EPS $0.40; raises FY 2025 guidance
Q2 GAAP diluted EPS $0.40 vs $0.28 YoY; adjusted diluted EPS $0.49 vs $0.40.
EXL shareholders approve 2025 equity plan with 6.8M shares, re-elect all directors
Stockholders approved 2025 Omnibus Incentive Plan, reserving 6,800,000 shares for awards; replaces prior 2018 plan.
EXL Q1 revenue $501M (+14.8% YoY); raises FY2025 revenue guidance
GAAP diluted EPS $0.40 (+38.3% YoY); adjusted diluted EPS $0.48 (+26.9% YoY).
EXL director Jaynie Studenmund to retire; will serve through June 2025
Jaynie Studenmund will not stand for re-election at EXL's 2025 annual meeting, retiring from board and committees.
EXL reports Q4 revenue $481.4M (+16.3% YoY); 2025 revenue guidance $2.025B-$2.060B
Q4 revenue $481.4M, up 16.3% YoY; GAAP diluted EPS $0.31, up 28.4% YoY; adjusted diluted EPS $0.44, up 26.1% YoY.
EXL Q3 revenue up 14.9% YoY to $472.1M; raises FY2024 guidance
Diluted EPS $0.33 (GAAP) vs $0.26 YoY; adjusted EPS $0.44 vs $0.37 YoY, up 16.3%.
ExlService amends credit agreement, adds $200M in new commitments
Revolving credit commitments increased by $100M to $500M total; new $100M term loan facility added.
EXL Q2 revenue $448.4M (+10.7% YoY); raises FY revenue guidance to $1.805-1.830B
Revenue $448.4M, +10.7% YoY; GAAP diluted EPS $0.28 (-4.1%), adjusted diluted EPS $0.40 (+10.8%).
ExlService shareholders approve charter amendment for officer exculpation; all 8 directors elected
Fourth Amended and Restated Certificate filed June 21 to reflect new Delaware law on officer exculpation.
EXL reports Q1 revenue $436.5M (+9% YoY); raises FY 2024 guidance
Q1 revenue $436.5M (+9.0% YoY); GAAP diluted EPS $0.29 (-3.3% YoY); adjusted diluted EPS $0.38 (+8.9% YoY)
EXLS appoints CEO Kapoor as Board Chair; promotes Bhalla and Jetley to Presidents
Rohit Kapoor appointed Board Chair in addition to CEO, effective April 1, 2024.
ExlService enters $125M accelerated share repurchase with Citibank under $500M buyback program
Company pays Citibank $125 million upfront for initial share delivery under ASR agreement.
EXL appoints Thomas Bartlett to board; Som Mittal to retire June 2024
Thomas Bartlett (former American Tower CEO) appointed independent director effective March 6, 2024.
EXL Q4 rev $414M (+10.5%), FY rev $1.63B (+15.5%); guides FY24 rev $1.78-1.82B
Q4 2023 revenue $414.1M (+10.5% YoY); GAAP diluted EPS $0.24, adjusted $0.35.
EXL reports Q3 revenue $411M, up 13.7% YoY; raises FY2023 guidance
Revenue of $411.0M, +13.7% YoY (13.2% constant currency); diluted EPS $0.26 vs $0.23 YoY.
ExlService Holdings announces 5-for-1 forward stock split effective August 1, 2023
5-for-1 forward stock split effective August 1, 2023; shares begin trading post-split on August 2.
EXL Q2 revenue $405M up 16.8%, EPS $1.46, raises FY guidance
Q2 revenue $405M (+16.8% YoY); GAAP diluted EPS $1.46 (+37.7%).
Sarah Williamson (CEO of FCLTGlobal) added to EXL board as independent director, effective June 20, 2023.
EXL reports Q1 revenue of $400.6M (+21.7% YoY); raises FY2023 guidance
GAAP diluted EPS $1.51 (+41.1% YoY); adjusted diluted EPS $1.74 (+22.5% YoY).
EXL Q4 revenue $374.7M (+26.8% YoY); guides FY2023 revenue $1.56-1.60B
Q4 GAAP diluted EPS $0.94 (+13.3% YoY); adjusted diluted EPS $1.56 (+28.9% YoY).
Director Anne Minto to retire from EXL Board at 2023 annual meeting, not standing for re-election
Anne Minto, Board member since 2013, will retire in June 2023 and not stand for re-election.
EXL appoints Andreas Fibig to board; Clyde Ostler to retire at 2023 annual meeting
Andreas Fibig elected to board effective Jan 10, 2023, expanding board to nine directors.
EXL Q3 revenue $361.4M (+24.5% YoY); raises FY2022 revenue and EPS guidance
Revenue $361.4M (+24.5% YoY); Analytics segment grew 38% to $166.3M.
EXL Q2 revenue $346.8M, up 26.1% YoY; raises FY 2022 guidance
GAAP diluted EPS $1.06 vs $0.81 YoY; adjusted diluted EPS $1.50 vs $1.14.
Stockholders approve 2022 Employee Stock Purchase Plan authorizing 800,000 shares
All eight director nominees elected; largest opposition was 595,537 against Clyde Ostler.
ExlService EVP Samuel Meckey resigns, effective July 9, 2022
Samuel Meckey, Executive Vice President, provided notice of resignation on May 10, 2022.
EXL Q1 revenue up 25.9% to $329.2M; raises FY2022 revenue and EPS guidance
Revenue $329.2M (+25.9% YoY); GAAP EPS $1.07, adjusted EPS $1.42 (+20.3%).
New $400M revolving credit facility with maturity extended to April 18, 2027 (from Nov 2022).
EXL reports Q4 revenue up 18.7% to $295.5M; issues 2022 guidance and raises medium-term targets
Q4 revenue $295.5M (up 18.7% YoY); adj diluted EPS $1.21 (up from $1.14). FY 2021 revenue $1.12B (up 17.1%); adj diluted EPS $4.83 (up 37% YoY).
EXL acquires Clairvoyant for $80.1M in cash plus up to $20M earn-out
Purchase price $80.1M cash (subject to adjustments) plus up to $20M earn-out based on 2022-2023 financial targets.
EXL: Vikram Pandit named Chairman; Garen Staglin not standing for re-election
Garen Staglin will not stand for re-election at the June 2022 Annual Meeting; he continues as director until then.
On May 11, 2026, ExlService Holdings, Inc. (the “Company”) appointed Bhupender Singh, 53, as President and Head of International Growth Markets.
On March 12, 2025, Jaynie Studenmund, a member of the Board of Directors (the “Board”) of ExlService Holdings, Inc. (the “Company”), notified the Board that she has decided not to stand for re-election at the Company’s 2025 annual meeting of stockholders (the “Annual Meeting”), at which time she will resign from the Board and the committees on which she currently serves.
appointed each of Vikas Bhalla and Vivek Jetley, who are currently Executive Vice President and Head of Insurance and Executive Vice President and Head of Analytics, respectively, as President of EXL in addition to their current business head roles, effective April 1, 2024.
appointed each of Vikas Bhalla and Vivek Jetley, who are currently Executive Vice President and Head of Insurance and Executive Vice President and Head of Analytics, respectively, as President of EXL in addition to their current business head roles, effective April 1, 2024.
Som Mittal, a member of the Board of Directors (the “Board”) of ExlService Holdings, Inc. (the “Company”), notified the Board that he has decided not to stand for re-election at the Company’s 2024 annual meeting of stockholders (the “Annual Meeting”), at which time he will resign from the Board
On and effective as of March 6, 2024, on recommendation of the Nominating and Governance Committee (“NGC”) of the Board, the Board has expanded the size of the Board from eight directors to nine directors and elected Thomas Bartlett to fill the new director position
the Board expanded its size from seven directors to eight directors, and elected Sarah Williamson to fill the new director position, to serve until her successor is duly elected and qualified or her earlier death, resignation, disqualification or removal.
On January 27, 2023, Anne Minto, a member of the Board of Directors (the “Board”) of ExlService Holdings, Inc. (the “Company”), notified the Board that she has decided not to stand for re-election at the Company’s 2023 annual meeting of stockholders (the “Annual Meeting”), at which time she will retire from the Board and the committees on which she currently serves.
Clyde Ostler, a member of the Board, notified the Board that he has decided not to stand for re-election at the Company’s 2023 annual meeting of stockholders (the “Annual Meeting”), at which time he will retire from the Board
the Board has expanded the size of the Board from eight directors to nine directors and elected Andreas Fibig to fill the new director position
On May 10, 2022, Samuel Meckey, Executive Vice President of ExlService Holdings, Inc. (the “Company”), provided notice to the Company that he will be resigning.
Garen Staglin, a member of the Board of Directors (the “Board”) of ExlService Holdings, Inc. (the “Company”), notified the Chairman of the Board’s Nominating and Governance Committee, Nitin Sahney, of Mr. Staglin’s decision to not stand for re-election to the Board at the Company’s 2022 Annual Meeting of Stockholders to be held in June 2022 (the “Annual Meeting”).
Max materiality 0.85 · Median 0.68 · Most common event earnings