ExlService Holdings, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024
October 29, 2024 at 04:01 pm EDT
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ExlService Holdings, Inc. reported earnings results for the third quarter and nine months ended September 30, 2024. For the third quarter, the company reported sales was USD 472.07 million compared to USD 410.97 million a year ago. Net income was USD 53.04 million compared to USD 43.88 million a year ago. Basic earnings per share from continuing operations was USD 0.33 compared to USD 0.26 a year ago. Diluted earnings per share from continuing operations was USD 0.33 compared to USD 0.26 a year ago.
For the nine months, sales was USD 1,356.95 million compared to USD 1,216.61 million a year ago. Net income was USD 147.63 million compared to USD 144.28 million a year ago. Basic earnings per share from continuing operations was USD 0.9 compared to USD 0.87 a year ago. Diluted earnings per share from continuing operations was USD 0.9 compared to USD 0.86 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.