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. (NASDAQ: EXLS) delivers AI-driven business process solutions and advanced analytics for global enterprises. This comprehensive news hub provides investors and industry professionals with essential updates on EXLS's operational developments, strategic initiatives, and market positioning.
Track all official press releases and third-party analyses covering key areas including earnings announcements, technology partnerships, product innovations, and leadership updates. Our curated collection helps stakeholders monitor the company's progress in digital transformation, operational efficiency improvements, and expansion across insurance, healthcare, and financial services sectors.
Discover how EXLS's collaborations with industry leaders like NVIDIA and Databricks enhance its AI/ML capabilities, or explore updates on proprietary platforms including EXLerate.AI. This resource serves as your centralized reference for understanding the company's evolving role in enterprise automation and data-driven decision-making solutions.
Bookmark this page for continuous access to verified EXLS developments. Combine these updates with fundamental analysis to inform your perspective on this business process optimization leader.
EXL (NASDAQ: EXLS), a global data and AI company, has achieved Leader status in four categories in the ISG Provider Lens™ Insurance Services 2024 report for North America. The company maintained its leadership position for the third consecutive time in three categories: Life & Retirement Insurance BPO Services, Property & Casualty Insurance BPO, and Life & Retirement TPA Insurance Services. Additionally, EXL earned its first Leader designation in Insurance ITO Services – Midmarket.
The recognition highlights EXL's expertise in leveraging GenAI technology to transform insurance operations and provide data-driven digital transformation solutions. According to Vivek Jetley, president and head of insurance, healthcare and life sciences, this achievement reflects the company's commitment to innovation and delivering client solutions powered by data, analytics, and AI during a period of technological disruption and economic fluctuations in the insurance industry.
EXL (NASDAQ: EXLS), a global data and AI company, has announced its third annual AI in Action virtual event series focused on 'Driving the Shift to Scalable AI.' The event will feature over 20 industry experts, including keynotes from EXL, Google, and AWS leaders.
The series comprises three virtual sessions across Americas (March 5), EMEA (March 13), and APAC (March 20), 2025. Key speakers include John Gallant from CIO.com as moderator, and keynotes from Rohit Kapoor (EXL CEO), Kevin Ichhpurani (Google Cloud), and Rahul Pathak (AWS).
The event will showcase real-world demonstrations of EXL's AI solutions, including domain-specific LLMs, AI-powered code modernization, and AI applications in debt collections. Industry leaders from major banks, insurance, health, and utilities companies will participate in panel discussions sharing practical implementation strategies.
EXL (NASDAQ: EXLS) reported strong financial results for Q4 and full-year 2024. Q4 revenue reached $481.4 million, up 16.3% year-over-year, while full-year revenue grew 12.7% to $1.84 billion.
Q4 diluted EPS (GAAP) increased 28.4% to $0.31, and adjusted diluted EPS rose 26.1% to $0.44. For the full year, diluted EPS grew 10% to $1.21, with adjusted EPS up 15.4% to $1.65.
Key achievements in 2024 included launching an enterprise AI platform with NVIDIA, introducing an insurance-specific LLM, and acquiring ITI Data. The company won 69 new clients throughout the year.
For 2025, EXL projects revenue between $2.025-2.060 billion (10-12% growth) and adjusted EPS of $1.83-1.89 (11-14% increase). The company also announced a new operating model focused on Industry Market Units and Strategic Growth Units to accelerate its data and AI strategy.
EXL (NASDAQ: EXLS) has unveiled EXLerate.AI, an advanced agentic AI platform designed to help enterprises integrate AI solutions into their business operations. The cloud-agnostic, modular orchestration platform features over 10 industry-specific AI agents currently deployed across insurance, healthcare, retail, utilities, and financial services sectors.
The platform includes more than 100 accelerators and introduces two new proprietary Large Language Models (LLMs) for health and finance, building upon their 2024 Insurance LLM. EXLerate.AI's key features include AI Agents and Accelerators, Domain Specific LLMs, and an Open Architecture Platform compatible with major technology providers like NVIDIA, AWS, Google, Microsoft, ServiceNow, and Salesforce.
The solution aims to enhance efficiency, customer experience, accuracy, and scalability across business operations, focusing on processes such as claims adjudication, commercial underwriting, payment servicing, and customer service.
EXL [NASDAQ: EXLS], a global data and AI company, has been named a Luminary in Celent's New Business and Underwriting Systems: North America Life Insurance Edition report. This marks the third consecutive year of recognition for EXL's Life Digital Suite™ (LDS) solution.
The Celent report evaluated 20 technology platforms, focusing on automation and digitization of new business and underwriting processes. EXL's LDS, which has gained six new clients in the U.S. and U.K., was praised for being a modern, low-code, highly configurable system. The platform features Underwriter Assist, a GenAI-powered summarization and query tool.
LDS is a comprehensive digital platform that automates the entire new business and underwriting process from application to policy issue. The cloud-based solution offers pre-built product templates, personalized quotes, and detailed management dashboards, with full interoperability with existing client technologies.
ExlService Holdings (NASDAQ: EXLS), a global data and AI company, has announced it will release its fourth quarter and full year 2024 financial results on Tuesday, February 25, 2025, after market close. The company will host a conference call on Wednesday, February 26, 2024, at 10:00 a.m. EST, featuring Chairman and CEO Rohit Kapoor and CFO Maurizio Nicolelli.
The earnings release, investor fact sheet, and presentation will be available on the company's investor relations website. EXL, founded in 1999, specializes in transforming businesses through data and AI solutions, serving industries including insurance, healthcare, banking, retail, communications, and energy. The company currently employs approximately 57,000 people across six continents.
EXL [NASDAQ: EXLS] has been recognized as a Leader in the ISG Provider Lens™ Generative AI Services 2024 report across two categories: Strategy and Consulting, and Development and Deployment Services. The recognition highlights EXL's success in helping enterprises make informed decisions about GenAI investments and implementation.
The company's leadership position is attributed to its data integration capabilities, domain-specific expertise, and robust transformational framework. According to Anand Logani, EXL's executive vice president and chief digital officer, their approach combines domain expertise with advanced data and AI capabilities to help clients reimagine workflows and achieve business outcomes efficiently.
EXL [NASDAQ: EXLS] has been named a Market Leader in the HFS Research 2024 AADA Quadfecta Services for the Generative Enterprise™ study. The inaugural report evaluated 27 leading analytics, AI, data platforms, and automation service providers, with Market Leader being the highest distinction.
The study highlights EXL's excellence in delivering enhanced business outcomes through a data and AI-led approach, combining domain expertise with advanced analytics and digital operations. Key differentiators include flexibility, skill diversity, and innovation in offerings.
According to HFS Research, the integration of analytics, AI, data platforms, and automation (the 'quadfecta') is expected to be a major growth catalyst for enterprises in the next 2-3 years, enabling more agile, intelligent, and data-driven decision-making processes.
EXL [NASDAQ: EXLS] has secured a contract to manage service desk operations for the Data Communications Company (DCC), focusing on smart meter infrastructure and supplier switching issues in the UK. The company will employ data analytics and AI to optimize customer service operations, predict problems, and streamline issue resolution. This collaboration aims to enhance DCC's operational capacity and support the UK's smart metering program through automated processes and efficient data management. The partnership will leverage EXL's expertise to improve user experience and reduce operational costs while maintaining high service standards.
ExlService Holdings (NASDAQ: EXLS) announced its participation in the J.P. Morgan 2024 Ultimate Services Investor Conference in New York. Maurizio Nicolelli, executive vice president and chief financial officer, will represent the company at the event scheduled for Thursday, November 14, 2024, at 1:10 PM Eastern time.
The presentation will be accessible through a simultaneous webcast available in the Investor Relations section of EXL's website at ir.exlservice.com. A replay of the presentation will remain available for approximately 30 days on the company's website.