ExlService Holdings, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
July 27, 2023 at 06:01 am EDT
Share
ExlService Holdings, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 405 million compared to USD 346.78 million a year ago. Net income was USD 49.07 million compared to USD 35.85 million a year ago. Basic earnings per share from continuing operations was USD 0.294 compared to USD 0.214 a year ago. Diluted earnings per share from continuing operations was USD 0.292 compared to USD 0.212 a year ago.
For the six months, sales was USD 805.64 million compared to USD 675.99 million a year ago. Net income was USD 100.4 million compared to USD 72.02 million a year ago. Basic earnings per share from continuing operations was USD 0.602 compared to USD 0.43 a year ago. Diluted earnings per share from continuing operations was USD 0.594 compared to USD 0.426 a year ago.
ExlService Holdings, Inc. is a data analytics and digital operations and solutions company. The Company partners with clients using a data and artificial intelligence (AI)-led approach. The Companyâs segments include Insurance, Healthcare, Analytics and Emerging Business. Insurance segment serves property and casualty insurance, life insurance, disability insurance, insurance brokers, reinsurers, annuity and retirement services and insurance technology companies. Healthcare segment primarily serves United States-based healthcare payers, providers and pharmacy benefit managers organizations. Emerging Business segment provides data and AI-led enterprise solutions in the areas of finance and accounting, customer experience management and revenue enhancement to clients primarily in the banking and capital markets, utilities, retail and consumer packaged goods, technology, media, and telecom, travel and leisure, manufacturing, transportation and logistics and business services industries.