Taskus, Inc. Stock Price, News & Analysis

TaskUs (NASDAQ: TASK) reported strong Q1 2025 financial results with total revenues of $277.8 million, representing a 22.1% year-over-year growth. The company achieved a net income of $21.1 million with a 7.6% margin and Adjusted EBITDA of $59.3 million with a 21.3% margin. Notable performance metrics include diluted EPS of $0.23 and Adjusted EPS of $0.38. All three service lines showed double-digit growth, with AI Services emerging as the fastest-growing segment at over 50% year-over-year growth. The company added 2,400 teammates, reaching 61,400 total. Importantly, TaskUs announced it has entered into a definitive agreement to be acquired by Blackstone and its co-founders, with the transaction expected to complete in H2 2025.

TaskUs (NASDAQ: TASK) has announced a definitive agreement to be taken private through an acquisition by Blackstone and company co-founders Bryce Maddock and Jaspar Weir. The Buyer Group will acquire all outstanding Class A common stock they don't already own for $16.50 per share in cash, representing a 26% premium to TaskUs' 30-day volume-weighted average price.

The transaction, expected to close in the second half of 2025, will result in TaskUs delisting from public markets. Maddock and Weir will continue serving as CEO and President respectively. The deal was unanimously recommended by a special committee of independent directors formed on March 20, 2025. The company aims to focus on AI-driven transformations and make long-term investments to better support their business and clients in the AI age.

TaskUs (NASDAQ: TASK), a provider of outsourced digital services and next-generation customer experience solutions, has scheduled its first-quarter 2025 financial results announcement for May 12, 2025, after market close. The company will hold a conference call and webcast at 5:00 p.m. ET on the same day to discuss business performance, financial results, and 2025 outlook.

Management will host the earnings call, which will be accessible to analysts through pre-registration. Supplemental data will be available on TaskUs' Investor Relations website. A replay of the conference call will be accessible for 12 months following the live presentation through the company's IR website.

TaskUs (Nasdaq: TASK) has been named a Leader in Everest Group's Trust and Safety Services PEAK Matrix® Assessment 2025 for the third consecutive year. The company, which provides outsourced digital services and next-generation customer experience, received high marks across assessment criteria including vision, strategy, value delivered, and innovation.

The assessment highlighted TaskUs' comprehensive services across the Trust & Safety value chain, including:

• AI support services
• Real-time dashboarding
• Multiple technology provider partnerships
• Wellness-as-a-Service offering

Everest Group's recognition was based on TaskUs' comprehensive approach to content moderation, investments in employee well-being, and ability to scale high-quality services globally across social media, messaging apps, and various industries. The company was also recently recognized as a Leader in Data Annotation and Labeling and FCC Operations assessments.

TaskUs (TASK), a leading provider of outsourced digital services and next-generation customer experience solutions, has announced its participation in the upcoming 2025 Morgan Stanley Technology, Media & Telecom Conference.

The company's Co-Founder and CEO, Bryce Maddock, will represent TaskUs at the event scheduled for March 4, 2025. Investors and interested parties can access the presentation through a live audio webcast, with an archived replay to be made available on the TaskUs investor relations website following the event.

TaskUs (TASK) has announced the launch of its Agentic AI Consulting practice, aimed at helping businesses integrate AI-powered automation into customer support and business processes. The company will partner with leading agentic AI companies to accelerate AI adoption.

The new practice will focus on providing customized AI strategies, deployment roadmaps, platform configuration, AI agent testing, and ongoing support. Led by Joe Anderson, the practice will leverage TaskUs' expertise in workflow optimization and human-AI interaction to help clients implement AI solutions across various operations, from simple account profile updates to complex returns processing.

TaskUs is creating a new revenue stream through reselling, implementing, and maintaining AI agents, while continuing to provide specialized services in areas like Trust and Safety, Financial Crimes and Compliance, and complex customer experience solutions that may not be suitable for complete automation.

TaskUs (TASK) reported strong Q4 2024 results with total revenue of $274.2 million, marking a 17.1% year-over-year growth and exceeding guidance by $4.9 million. The company achieved a net income of $8.9 million with a 3.2% margin and Adjusted EBITDA of $53.8 million with a 19.6% margin.

Full-year 2024 performance reached $995 million in revenue with Adjusted EBITDA of $209.9 million at a 21.1% margin. The company ended 2024 with approximately 200 clients, over half generating $1+ million in revenue, and expanded its workforce to 59,000 teammates.

Looking ahead to 2025, TaskUs projects revenue between $1.095-1.125 billion with an expected Adjusted EBITDA margin of approximately 21%, building on momentum across all service lines.

TaskUs (TASK) has announced it will release its fourth-quarter and full-year 2024 financial results after market close on February 26, 2025. The company, a provider of outsourced digital services and next-generation customer experience, will accompany the earnings release with supplemental data available on their Investor Relations website.

Management will host a conference call and webcast at 5:00 p.m. ET to discuss business performance, financial results, and provide outlook for 2025. Analysts can pre-register to participate in the call, while investors can access the view-only webcast through the TaskUs Investor Relations site. A replay of the conference call will be available for 12 months following the presentation.

TaskUs (NASDAQ: TASK) has been recognized as a Major Contender in Everest Group's Sales Services PEAK Matrix® Assessment 2024. The assessment highlights TaskUs's strengths in sales services, including lead generation, e-commerce support, and cross-sell capabilities.

The company's recognition is based on its market impact and vision, particularly noting its P4 Framework that combines People, Process, Platforms, and Performance. TaskUs has developed proprietary technologies including TaskGPT, a generative AI platform, and TaskMate for real-time consultative support. The company also implements LevelUp, a gamification solution for cross-selling, and maintains a dedicated Sales Academy for agent training.

This recognition adds to TaskUs's recent achievements, having also been named a Leader in Trust and Safety Services, Data Annotation and Labeling, and FCC Operations in other Everest Group PEAK Matrix® Assessments for 2024.