Welcome to our dedicated page for ExlService Holdings news (Ticker: EXLS), a resource for investors and traders seeking the latest updates and insights on ExlService Holdings stock.
ExlService Holdings, Inc. reports news as a global data and AI company providing analytics, digital operations and AI-led services for clients in insurance, healthcare and life sciences, banking and capital markets, retail, communications and media, energy and infrastructure, and other industries. Company updates commonly address quarterly results, revenue and earnings guidance, client demand for data and AI programs, and progress in embedding AI into enterprise workflows.
Recurring developments also include EXLerate.ai agentic AI platform enhancements, AI governance and decision-intelligence capabilities, cloud and technology collaborations with partners such as Google Cloud and NVIDIA, capital allocation actions including share repurchase programs, and board governance updates tied to the company’s public-company oversight structure.
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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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