ExlService Holdings Second Quarter 2024 Earnings: EPS Misses Expectations

ExlService Holdings (NASDAQ:EXLS) Second Quarter 2024 Results

Key Financial Results

• Revenue: US$448.4m (up 11% from 2Q 2023).
• Net income: US$45.8m (down 6.6% from 2Q 2023).
• Profit margin: 10% (down from 12% in 2Q 2023). The decrease in margin was driven by higher expenses.
• EPS: US$0.28 (down from US$0.29 in 2Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

ExlService Holdings EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 4.9%.

Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Professional Services industry in the US.

Performance of the American Professional Services industry.

The company's shares are down 1.6% from a week ago.

Risk Analysis

Be aware that ExlService Holdings is showing 1 warning sign in our investment analysis that you should know about...

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