Welcome to our dedicated page for Exlservice Hldgs news (Ticker: EXLS), a resource for investors and traders seeking the latest updates and insights on Exlservice Hldgs stock.
EXLService Holdings Inc. (NASDAQ: EXLS) delivers AI-driven business process solutions and advanced analytics for global enterprises. This comprehensive news hub provides investors and industry professionals with essential updates on EXLS's operational developments, strategic initiatives, and market positioning.
Track all official press releases and third-party analyses covering key areas including earnings announcements, technology partnerships, product innovations, and leadership updates. Our curated collection helps stakeholders monitor the company's progress in digital transformation, operational efficiency improvements, and expansion across insurance, healthcare, and financial services sectors.
Discover how EXLS's collaborations with industry leaders like NVIDIA and Databricks enhance its AI/ML capabilities, or explore updates on proprietary platforms including EXLerate.AI. This resource serves as your centralized reference for understanding the company's evolving role in enterprise automation and data-driven decision-making solutions.
Bookmark this page for continuous access to verified EXLS developments. Combine these updates with fundamental analysis to inform your perspective on this business process optimization leader.
EXL Appoints New Chief Digital Officer
On April 25, 2023, EXL (NASDAQ: EXLS) announced the promotion of Anand "Andy" Logani to Chief Digital Officer. Logani, a 22-year veteran of EXL, will oversee the company’s digital strategy, focusing on leveraging data, analytics, AI, and cloud technologies. His role aims to enhance customer experience and operational efficiency, driving growth through innovative digital solutions. Under Logani's leadership, EXL plans to implement cutting-edge technologies and develop new products, aligning digital initiatives with overall business strategy. He succeeds Ankor Rai, whose tenure saw significant momentum in EXL’s digital business.
ExlService Holdings (NASDAQ: EXLS) is set to announce its first quarter financial results for the period ended March 31, 2023, on April 27, 2023, before the market opens. A conference call to discuss the operating and financial results will follow at 10:00 a.m. (ET). An investor fact sheet and presentation will also be available on the company’s website before the call. With a focus on data analytics and digital operations, EXL aims to enhance business outcomes and foster growth across various industries including insurance, healthcare, and banking.
EXL has been recognized as a Leader in Everest Group’s Advanced Analytics and Insights Services PEAK Matrix Assessment 2023, marking its fourth consecutive acknowledgment. Key strengths cited include deep domain expertise across sectors such as banking, healthcare, and retail, alongside significant investments in cloud technology and strategic partnerships. EXL aims to enhance client efficiency and business outcomes through its machine learning and artificial intelligence services. The growing demand for robust data strategies positions EXL favorably in the market.
ExlService Holdings (NASDAQ: EXLS) reported strong financial results for the fourth quarter and full year of 2022. Q4 revenue surged to $374.7 million, reflecting a 26.8% year-over-year increase. Q4 diluted EPS reached $0.94, up 13.3% from the previous year, while adjusted diluted EPS rose 28.9% to $1.56. Full year revenue was $1.41 billion, a 25.8% increase, with diluted EPS of $4.23, up 26.3%. The company anticipates 2023 revenue between $1.56 billion and $1.60 billion, marking an 11% to 13% growth. The CFO acknowledged potential recessionary challenges but maintains confidence in achieving double-digit growth.
EXL (NASDAQ: EXLS) has been recognized as a Leader in Payer Digital Transformation Services for the second consecutive year in the ISG Provider Lens™ Healthcare Digital Services 2022 report. Additionally, the company was named a Product Challenger for Provider Digital Transformation Services and Healthcare Interoperability Services. Anita Mahon emphasized the need for digital strategies that enhance payer-client engagement and decision-making. Ron Exler noted EXL's role in addressing the healthcare industry's demand for real-time solutions, which facilitate better resource allocation. The recognition underscores EXL's commitment to innovation and data-led performance improvements in healthcare.
ExlService Holdings, Inc. (NASDAQ: EXLS) announces the upcoming retirement of Anne E. Minto from its Board of Directors, effective June 2023. Minto, who will not seek re-election at the 2023 annual stockholders meeting, has served on the board for a decade, significantly contributing to the company’s growth. Vikram S. Pandit, Chairman of the Board, and CEO Rohit Kapoor praised Minto's leadership, particularly in talent management and business expansion across the U.K. and Europe. Minto expressed gratitude for her time at EXL and confidence in its future success.
ExlService Holdings, Inc. (EXLS) will announce its fourth quarter and full-year financial results for 2022 on Feb. 23, 2023, before market opening. The company will provide insights into its operational performance during a conference call at 10:00 a.m. ET, which can be joined via registration. An investor fact sheet and presentation will be available on the company's website prior to the call. EXLS is a leader in data analytics and digital solutions, serving various sectors such as insurance and healthcare, with a global workforce of over 43,100 employees. For more details, visit www.exlservice.com.
EXL (NASDAQ: EXLS) has been recognized as a Leader in the U.S. for Life & Retirement Insurance BPO Services, Property & Casualty Insurance BPO, and Life & Retirement TPA Insurance Services in the ISG Provider Lens™ Insurance Services 2022 report. This marks the fourth consecutive year EXL has achieved these designations. The report highlights EXL's commitment to innovation and comprehensive service offerings, which are essential for navigating market volatility. Vikas Bhalla, Executive VP at EXL, emphasizes the company's focus on providing personalized solutions through data analytics and digital tools to enhance customer experience.