ExlService Holdings Third Quarter 2024 Earnings: Beats Expectations

Simply Wall St

October 31, 2024

ExlService Holdings (NASDAQ:EXLS) Third Quarter 2024 Results

Key Financial Results

Revenue: US$472.1m (up 15% from 3Q 2023).
Net income: US$53.0m (up 21% from 3Q 2023).
Profit margin: 11% (in line with 3Q 2023).
EPS: US$0.33 (up from US$0.26 in 3Q 2023).

earnings-and-revenue-growth — NasdaqGS:EXLS Earnings and Revenue Growth October 31st 2024

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

ExlService Holdings Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) also surpassed analyst estimates by 6.3%.

Looking ahead, revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Professional Services industry in the US.

Performance of the American Professional Services industry.

The company's shares are up 6.0% from a week ago.

Risk Analysis

We should say that we've discovered 1 warning sign for ExlService Holdings that you should be aware of before investing here.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.