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. (EXL) is a global data and AI company listed on NASDAQ under the symbol EXLS. The EXL news feed brings together company announcements, industry recognitions, partnership updates and financial disclosures that illustrate how the business uses data, AI and deep domain expertise to support clients in insurance, healthcare, banking and capital markets, retail, communications and media, and energy and infrastructure.
News items for EXL often highlight its positioning in independent research and analyst reports. The company has been named a Leader in multiple assessments, including reports focused on property and casualty insurance business process services, clinical and care management operations, insurance services and generative AI services. These articles typically describe how EXL integrates data and AI into workflows, its consult-to-operate model, and its use of domain-specific platforms and large language models.
Investors and industry observers will also find updates on EXL’s technology initiatives and partnerships. Recent releases have covered the migration of the LifePRO Digital Suite platforms to Amazon Web Services (AWS), the launch of EXLdata.ai with Databricks as a partner, collaborations with Genesys on AI-driven customer experience, and innovation programs such as the IdeaTank event that surfaces new data and AI concepts from employees globally.
Financial communications, including quarterly earnings releases and share repurchase announcements, provide insight into EXL’s capital allocation, segment performance and data and AI-led strategy. For anyone tracking how EXL applies data and AI across insurance, healthcare and diversified industries, this news page offers a centralized view of the company’s key developments and strategic milestones over time.
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.
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ExlService Holdings reported Q2 2022 revenues of $346.8 million, a 26.1% increase year-over-year. Adjusted diluted EPS rose to $1.50, up 31.6% from $1.14 in Q2 2021. The growth was driven by a 44.8% increase in analytics revenue. The company raised its 2022 revenue guidance to $1.35-$1.37 billion, reflecting a 20%-22% increase year-over-year. Adjusted EPS guidance is now $5.60-$5.80, a 16%-20% increase over last year. EXL's strong performance illustrates its effective focus on data-driven solutions.
EXL (NASDAQ: EXLS) has been recognized as a Leader in the 2022 Gartner "Magic Quadrant for Finance and Accounting (F&A) Business Process Outsourcing (BPO)." This accolade reflects EXL's ability to execute against its vision and adapt for the future. With a customer rating of 4.7 out of 5 stars, clients commend EXL for its exceptional support and flexibility. Gartner forecasts significant growth in finance outsourcing, predicting an increase from 6% to 40% in the adoption of AI-driven solutions by 2024. EXL’s Digital Finance Suite enhances its capability in delivering automated F&A functions.
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EXL, in collaboration with Corridor Platforms and Oliver Wyman, has launched a risk decisioning-as-a-service solution aimed at empowering mid-sized banks, credit unions, and credit card providers. This innovative platform utilizes advanced analytics, AI, and cloud technology to deliver instant credit decisions, thus enhancing the competitiveness of smaller financial institutions against larger national players. The new offering addresses the increasing demands for real-time credit approvals, enabling lenders to modernize their decisioning processes while ensuring compliance and robust risk governance.