ExlService Holdings: Q1 Earnings Snapshot
By AP News
Published - Apr 27, 2023, 06:27 AM ET
Last Updated - Jun 22, 2023, 03:06 AM EDT
NEW YORK (AP) — NEW YORK (AP) — ExlService Holdings Inc. (EXLS) on Thursday reported first-quarter net income of $51.3 million.
The New York-based company said it had net income of $1.51 per share. Earnings, adjusted for one-time gains and costs, came to $1.74 per share.
The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.61 per share.
The provider of outsourcing services posted revenue of $400.6 million in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $377.5 million.