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ExlService Holdings, Inc. - $EXLS STOCK NEWS

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.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect ExlService Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of ExlService Holdings's position in the market.

Rhea-AI Summary
ExlService Holdings, Inc. announces a $500 million common stock repurchase program, replacing the previous $300 million plan. The new program reflects confidence in growth prospects and generating free cash flow.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.22%
Tags
buyback
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Rhea-AI Summary
ExlService Holdings, Inc. reports strong financial results for Q4 2023 and full year 2023, with revenue up 15.5% year-over-year. The company achieved a revenue of $1.63 billion in 2023, showing a 16% growth in EPS despite economic challenges. EXL outlines a data- and AI-led strategy for future growth and announces a $500 million stock repurchase program. The company expects 2024 revenue of $1.78 billion to $1.82 billion with adjusted EPS of $1.56 to $1.62, indicating a 9% to 13% increase over 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.22%
Tags
none
-
Rhea-AI Summary
EXL collaborates with Microsoft to accelerate generative AI solutions for businesses, leveraging Azure OpenAI Service. The partnership aims to drive growth, personalize customer experiences, and unlock valuable insights.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.39%
Tags
AI
Rhea-AI Summary
EXL introduces cloud-native AI workbench on AWS for generative AI solutions, leveraging Amazon Bedrock for enhanced decision-making across industries.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.39%
Tags
AI
-
Rhea-AI Summary
EXL named Leader in Everest Group Payment Integrity Solutions PEAK Matrix® Assessment 2024 for its healthcare analytics and digital solutions, leveraging AI and cloud engineering to enhance payment accuracy and operational efficiencies in the healthcare industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.49%
Tags
none
-
Rhea-AI Summary
EXL has been recognized as one of America's Most Responsible Companies 2024 by Newsweek, ranking number 84 overall and number 2 in the Professional Services sector. The company's commitment to corporate responsibility, ethical business practices, sustainability, and positive social impact has been acknowledged through a rigorous evaluation process based on ESG metrics and public perception.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.78%
Tags
none
Rhea-AI Summary
EXL research reveals that 91% of financial services firms and insurance carriers have launched AI proofs of concept, but only 36% are using it widely across business functions. The research highlights challenges with accessing siloed data and concerns about data privacy as major barriers to AI adoption.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.55%
Tags
AI
-
Rhea-AI Summary
ExlService Service Holdings, Inc. (EXL) will announce financial results and host a conference call for the fourth quarter and year ended Dec. 31, 2023, on Thursday, Feb. 29, 2024. The call will feature insights from Vice Chairman and CEO Rohit Kapoor and CFO Maurizio Nicolelli. The company's website will offer an overview of the financial results, and an audio-only webcast of the call will be accessible on EXL’s investor website. EXL is a leading data analytics and digital operations company partnering with clients in various industries. Headquartered in New York, the company has a global team of over 50,000 professionals.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.55%
Tags
-
Rhea-AI Summary
EXL has been named a Leader in 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 2023 report. This marks the fifth consecutive time that EXL has earned these Leader designations. ISG cites EXL’s commitment to innovation, competitive stability, and comprehensive product and service offerings as the defining characteristics in its standing as a Leader in all three categories for 2023. EXL was also named a Product Challenger in the Insurance ITO Services.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.25%
Tags
none
Rhea-AI Summary
EXL announced the promotion of Anand Logani as executive vice president and chief digital officer and Baljinder Singh as executive vice president, global chief information officer. Logani has been instrumental in leading EXL's digital business unit to revolutionize customer experience, enhance operational efficiency, and improve profitability. Singh's strategic business acumen has helped position EXL as a leader in digital, analytics, and AI-driven innovation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.26%
Tags
AI
ExlService Holdings, Inc.

Nasdaq:EXLS

EXLS Rankings

EXLS Stock Data

4.82B
160.30M
3.02%
94.75%
4.57%
Data Processing, Hosting, and Related Services
Information
Link
United States of America
NEW YORK

About EXLS

exl (nasdaq: exls) is a leading business process solutions company that looks deeper to drive business impact through integrated services and industry knowledge. exl provides operations management, decision analytics and technology platforms to organizations in insurance, healthcare, banking and financial services, utilities, travel, and transportation and logistics, among others. we work as a strategic partner to help our clients streamline business operations, improve corporate finance, manage compliance, create new channels for growth and better adapt to change. headquartered in new york and in business since 1999, exl has more than 23,000 professionals in locations throughout the u.s., europe and asia. find additional information about exl at www.exlservice.com.