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.
ExlService Holdings, Inc. (EXLS) will report its third quarter financial results on November 2, 2021, before market opening. A conference call to discuss these results will take place at 10:00 a.m. ET that day. Investors can access the call via the company’s website or by phone. Founded on core values of innovation and excellence, EXL provides analytics and digital solutions to enhance business outcomes across various sectors including insurance and healthcare. The company operates globally with over 33,000 employees in more than 50 offices.
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First National Bank of Omaha (FNBO) has introduced a new buy-now-pay-later (BNPL) solution aimed at enhancing customer purchasing options through merchant partners. This initiative, developed in collaboration with EXL and Skeps, allows customers to make purchases and pay later through seamless integration into online and physical store systems.
FNBO's BNPL solution promises quick processing and loan approval, utilizing advanced technology for credit strategies and fraud prevention. The BNPL market is projected to grow by over 40% this year.
EXL has announced its new brand promise, focusing on aiding clients in enhancing customer experience, increasing revenue, and improving efficiency. The company has evolved from a business process management firm to a leader in analytics and digital solutions. With a revenue exceeding $1 billion, EXL is addressing major challenges for industries like insurance, healthcare, and banking. The firm emphasizes its strengths in AI, cloud, and advanced analytics, promising clients enhanced decision-making capabilities and operational models.
FTV Capital has announced strategic promotions and new hires to enhance its business development, marketing, and investor relations capabilities. Richard Liu has been promoted to partner, reflecting his seven-year tenure and significant contributions in enterprise technology investments. Adam Hallquist is now principal, noted for his leadership in financial services. Marija Periša Kegel has been elevated to principal of strategic business development, while Annis Steiner and Alia Rafi join as principals for marketing and investor relations, respectively. FTV's Global Partner Network continues to play a crucial role in supporting portfolio companies.
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.