Exlservice Hldgs Stock Price, News & Analysis

EXL (NASDAQ: EXLS) has been recognized as a Leader in Everest Group’s 2022 Digital Platform and Augmentation Suite (DPAS) in Insurance BPS PEAK Matrix Assessment. The report highlights EXL's strong growth, industry-specific analytics, and digital solutions that enhance client value. Key factors contributing to this recognition include significant investments in content extraction and customer experience transformation. Everest Group emphasizes the importance of digital platforms in modernizing the insurance industry amidst rising operational costs and customer demands for innovation.

ExlService Holdings reported Q3 2022 revenues of $361.4 million, a 24.5% increase year-over-year. Q3 diluted EPS (GAAP) rose to $1.16 from $0.77 a year ago, while adjusted diluted EPS increased to $1.54, up 18.5%. Analytics led growth with a 38% revenue increase, while Digital Operations grew 14.8%. The company raised its 2022 revenue guidance to $1.39-$1.40 billion and adjusted diluted EPS guidance to $5.85-$5.95, reflecting strong demand for data-led solutions.

EXL, a leading data analytics and digital operations firm, will hold an Investor and Analyst Day on November 16, 2022, in New York City. The event, hosted by Vice Chairman and CEO Rohit Kapoor, will showcase the company's data-led enterprise strategy, demonstrating how structured and unstructured data drives client success and aligns with EXL’s growth and financial goals. Starting at 9:30 AM EST, the presentations will begin at 10:00 AM EST. In-person and webcast registrations are available.

ExlService Holdings, Inc. (EXLS) will announce its financial results for Q3 2022 on October 27, 2022, before market opening. A conference call is scheduled for 10:00 a.m. (ET) to discuss these results. An Investor Fact Sheet will be available on the company's website prior to the call. Interested participants must register to join the live call, and an audio-only webcast will be accessible in the Investors section of the EXL website, with a replay available for one year.

AECOM (NYSE: ACM) has appointed Kristy Pipes to its Board of Directors, effective October 1, 2022. Ms. Pipes brings extensive financial and management experience, previously serving as Managing Director and CFO at Deloitte Consulting. She currently holds directorships at Public Storage (NYSE: PSA) and ExlService Holdings (NASDAQ: EXLS). Douglas Stotlar, AECOM’s chairman, highlighted her expertise in professional services as a key asset in advancing the company's strategy focused on infrastructure and sustainability.

EXL announced a collaboration with CyberCube to develop innovative cyber insurance solutions for the property and casualty insurance sector. This partnership aims to leverage EXL's insurance data analytics and CyberCube's advanced risk modeling to create a standardized framework for cyber risk underwriting. The joint solutions will enhance the consistency and predictability of cyber insurance policies, addressing the growing demand in a market projected to expand from $11.9 billion to $29.2 billion by 2027.