Exlservice Hldgs Stock Price, News & Analysis

ExlService Holdings, a leader in operations management and analytics, announced that Rohit Kapoor, CEO, will join Citibank's 2021 Virtual Global Technology Conference on September 15 at 10:30 AM ET. The 40-minute session will highlight EXLS's digital, analytics, and AI solutions designed to tackle client challenges and promote growth. Additionally, Kapoor will engage in one-on-one meetings with investors. A live audio webcast will be available on EXL’s Investor Relations website.

ExlService Holdings (NASDAQ: EXLS) announced a Payoff and Termination Agreement with Orogen Echo LLC for the prepayment of $150 million in Convertible Senior Notes, due October 2024. EXL will pay $200 million in cash plus accrued interest and issue 310,394 shares of common stock to Orogen. The agreement terminates the existing Indenture governing the Notes. Orogen plans to remain a long-term stockholder and has committed to a 90-day lock-up on the shares. This strategic move aims to improve EXL’s capital structure and reduce debt obligations.

EXL (NASDAQ: EXLS) has been recognized for the second consecutive year as a Gartner Peer Insights Customers' Choice for Data and Analytics Service Providers. This distinction is awarded to vendors who receive outstanding ratings from verified customers, requiring at least 50 published reviews with a high average rating. EXL is the only vendor to achieve this recognition for two years, reflecting its commitment to helping clients leverage data for business success. According to executives, this honor affirms EXL's capabilities in advanced analytics and AI, further establishing its role as a partner for data-driven companies.

ExlService Holdings reported Q2 2021 revenues of $275.1 million, a 23.6% year-over-year increase. The diluted earnings per share (GAAP) rose to $0.81 from $0.24 in Q2 2020. Adjusted diluted EPS was $1.14, up 115% year-over-year. Analytics services drove growth with a 36.4% revenue increase. The company raised its 2021 revenue guidance to between $1.08 billion and $1.10 billion, reflecting a 12% to 14% increase year-over-year. ExlService also won 16 new clients and expanded collaboration with Amazon Web Services.

EXL (NASDAQ: EXLS), a leader in operations management and analytics, has received the 2021 ISG Digital Case Study Award™ for exemplary digital transformation initiatives. The award recognized a project with a U.K.-based energy provider, focusing on the Management Information Assistant (MIA) platform. This AI-driven solution improved customer experience, workforce productivity, and recovered lost revenue due to billing errors. ISG selected EXL based on a competitive process involving nearly 250 submissions, emphasizing the tangible impact of digital solutions on client operations.

EXL (NASDAQ: EXLS) has joined the United Nations Global Compact, reinforcing its commitment to sustainable business practices and ESG principles. This move aligns with EXL's goals for diversity, equity, and inclusion as detailed in its 2021 Proxy Statement and Sustainability Report. Rohit Kapoor, CEO of EXL, emphasized the importance of collective action in tackling global challenges and committed to operating as a responsible global citizen.

ExlService Holdings, Inc. (NASDAQ: EXLS) plans to announce its second-quarter financial results for the period ending June 30, 2021, on July 29, 2021, before market opening. A conference call will take place at 10:00 a.m. ET the same day to discuss these results. Interested participants can access the call through EXL's investor relations website or via phone. EXL specializes in operations management and analytics, aiding clients in several industries to improve efficiency and profitability.

XANT has formed a strategic partnership with EXL, enhancing its Sales Engagement Platform through EXL's AI-driven lead qualification capabilities. This collaboration aims to improve revenue acceleration and customer experiences in sales and marketing. Narasimha Kini, EXL's Senior VP, emphasizes that this partnership will leverage data and analytics to drive success. Additionally, EXL's expertise in digital transformation will benefit both companies and their customers. XANT's platform aims to optimize sales processes, utilizing AI for better customer engagement.

EXL (NASDAQ: EXLS) has expanded its collaboration with AWS to enhance operational capabilities in AI, Analytics, Automation, and Cloud technologies for enterprise clients. This initiative aims to overcome challenges in implementing data-driven technologies amidst legacy systems. The AI Operating System (AI:OS) will enable improved data access, redesigned workflows, and scalability through cloud-native architecture. Additionally, EXL will utilize AWS services for developing domain-specific solutions and training programs to advance digital employee capabilities.