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 (NASDAQ: EXLS) has been selected by AMA Insurance to implement its LifePRO® platform for new business and policy administration services. This cloud-based solution will enhance operational flexibility and support AMA Insurance's goals in serving physicians. The LifePRO® platform offers comprehensive capabilities including policy servicing and analytics, aiming to deliver a superior digital experience for clients. The partnership highlights the strategic alignment between EXL's innovative technology and AMA Insurance's commitment to supporting physicians throughout their careers.
ExlService Holdings, Inc. (NASDAQ: EXLS) is set to release its third quarter financial results for the period ending September 30, 2020, on Thursday, October 29, 2020, before market opening. Following the announcement, a conference call will be held at 8:00 a.m. (ET) to discuss the company’s operating and financial outcomes. Interested investors can access the call live online or via phone. EXL, a leader in operations management and analytics, helps clients enhance revenue growth and profitability.
EXL Health has received top ratings from its customers, with 91% indicating they would purchase from the company again. In the 2020 KLAS Performance Report, EXL Health's SCIO Health Analytics was named a leader in customer loyalty and support, earning an overall score of 93.0. This recognition underscores EXL Health's commitment to delivering high customer satisfaction with proactive support and innovative solutions tailored for risk adjustment in healthcare.
EXL (NASDAQ: EXLS) has been recognized by Forbes as one of America’s Best Management Consulting Firms in Insurance. This accolade comes following a survey of over 8,000 executives, affirming EXL's reputation in the insurance sector. Senior Vice President Keith Johnson emphasized the company's role in aiding insurers with digital transformation, while Chief Growth Officer Anita Mahon highlighted client recommendations as the basis for this honor. With over 32,800 professionals globally, EXL continues to leverage AI and analytics to enhance operational resilience for its clients.
EXL (NASDAQ: EXLS) has been recognized as one of the best management consulting firms in Insurance by Forbes, based on a survey of over 8,000 executives. This accolade reflects the firm's strong relationship with clients in the insurance sector, emphasizing its role as a strategic transformation partner. Senior executives from EXL expressed pride in this recognition, highlighting their commitment to aiding insurance clients in navigating challenges with AI, analytics, and digital tools. The firm aims to enhance operational resilience and support growth opportunities.
ExlService Holdings, Inc. (NASDAQ: EXLS) updated its 2020 guidance, predicting full-year revenue between $945 million and $955 million, and adjusted diluted EPS between $3.35 and $3.45. This reflects an increase from previous guidance of $922 million to $938 million in revenue and EPS of $2.60 to $2.80. For Q3 2020, revenue is expected to exceed $239 million with an EPS of at least $1.00. CEO Rohit Kapoor noted strong demand for analytics services and operational improvements, while CFO Maurizio Nicolelli announced an acceleration of the stock repurchase program with a target of $80 million for 2020.
EXL (NASDAQ: EXLS) has announced a five-year contract extension with Centrica, enhancing their long-term partnership. The collaboration aims to leverage EXL's digital and analytics capabilities to improve efficiency and customer experiences for Centrica.
Matthew Egan from British Gas expressed satisfaction with the partnership, emphasizing innovative operational strategies using advanced analytics and automation. EXL's proprietary Management Information Assistant (MIA) will aid in managing operations through advanced data visualizations, demonstrating their commitment to impactful business transformations.
ExlService Holdings, Inc. (NASDAQ: EXLS) reported Q2 2020 revenues of $222.5 million, down 8.6% year-over-year and 9.6% sequentially. Diluted EPS (GAAP) was $0.24, compared to $0.36 in Q2 2019, while adjusted diluted EPS was $0.53, down from $0.74. The company maintained a strong balance sheet with $335.6 million in cash and short-term investments. 2020 revenue guidance is $922 million to $938 million, reflecting a 3.5% to 5.0% reduction from 2019. CEO Rohit Kapoor noted resilience in operations amid COVID-19 challenges.
EXL, a leading Operations Management and Analytics company, announced its recognition as a Leader in three categories of the 2020 ISG Provider Lens™ report for Financial and Accounting Outsourcing in the US and UK. The report highlights EXL’s strengths in finance and accounting consulting, strategic finance services, and transactional finance services. Notably, EXL was recognized for its robust industry-specific solutions, advanced data analytics capabilities, and commitment to delivering real-time insights that support CFOs in transforming finance operations.
ExlService Holdings, Inc. (EXLS) will release its financial results for Q2 2020 on August 6, 2020, before market opening. A conference call will follow at 10:00 a.m. ET to discuss the results.
Interested parties can access the live call through EXL's investor relations website or dial in at 1-(877) 303-6384 for US participants or 1-(224) 357-2191 for international callers. A replay will also be available on the website following the call.