Welcome to our dedicated page for Taskus news (Ticker: TASK), a resource for investors and traders seeking the latest updates and insights on Taskus stock.
The TaskUs, Inc. (TASK) news page on Stock Titan aggregates company-specific updates for investors and followers of this outsourced digital services and next-generation customer experience provider. TaskUs regularly issues press releases and regulatory disclosures that describe its financial performance, service line trends and corporate developments.
News coverage for TaskUs often centers on its quarterly earnings results. In these releases, the company reports service revenue, net income, adjusted net income, adjusted EBITDA and related non-GAAP metrics. Management commentary frequently highlights growth in key service lines such as AI Services and Trust + Safety, as well as headcount and geographic footprint across its 30 locations in 13 countries.
Another recurring theme in TaskUs news is its role in supporting clients in fast-growing digital sectors, including social media, e-commerce, gaming, streaming media, food delivery and ride-sharing, technology, financial services and healthcare. Press releases describe how the company positions its outsourced digital services and next-generation customer experience offerings to help these clients represent, protect and grow their brands.
In 2025, TaskUs news also included extensive coverage of a proposed take-private transaction involving an affiliate of Blackstone and certain insiders. Multiple announcements detailed the calling and adjournment of special stockholder meetings, proxy solicitations, and ultimately the failure to obtain the required stockholder approvals. Subsequent releases and Form 8-K filings reported the mutual termination of the merger agreement and confirmed that TaskUs would remain a publicly traded company on Nasdaq under the symbol TASK.
By following this news page, readers can review TaskUs’ official communications on earnings, service line performance, capital markets activity, and other material events as they are disclosed through press releases and SEC filings.
TaskUs, Inc. reported impressive third-quarter 2021 revenues of $201.1 million, marking a 64.2% increase year-over-year, all being organic growth. The company's GAAP net income margin stood at 5.8%, while adjusted EBITDA margin reached 23.9%. TaskUs expects full-year revenues between $747 million and $751 million, indicating approximately 56.7% growth at the midpoint. The firm also boasts a strong employee fill rate of 99% and a Glassdoor score of 4.7.
TaskUs announced key leadership appointments aimed at strengthening its growth strategy. Claudia Walsh is named General Counsel, bringing over 17 years of experience, including roles at Alphabet and Facebook. Stephan Daoust joins as Chief Operating Officer, focusing on enhancing client experiences and operational efficiency. Rajnish Sinha, as Chief People Officer, will prioritize talent acquisition and employee culture. With approximately 35,600 employees globally, these appointments reflect TaskUs's commitment to innovation in the digital customer experience sector.
TaskUs announced the completion of an upsized public offering of 12,077,480 shares of Class A common stock at a price of $63.50 per share, yielding proceeds exceeding $766.9 million for selling stockholders. TaskUs did not participate in this sale and received no proceeds. The offering allows underwriters a 30-day option to purchase an additional 1,811,622 shares. Goldman Sachs and J.P. Morgan acted as lead book-running managers. This press release emphasizes TaskUs's role in providing digital services to innovative technology companies.
TaskUs, Inc. (NASDAQ: TASK) will announce its third quarter 2021 financial results on November 10, 2021, after market close. Management will host a conference call at 5:00 p.m. ET to discuss these results. Interested parties can participate via a toll-free dial-in or live webcast. As of June 30, 2021, TaskUs employs approximately 31,500 people across various global locations, providing outsourced digital services for high-growth sectors such as social media, e-commerce, and health technology.
TaskUs announced a public offering of 12,077,480 shares of Class A common stock at $63.50 per share, up from a previous offering of 10 million shares. The offering, set to close on October 25, 2021, is conducted by selling stockholders, with underwriters granted a 30-day option to purchase an additional 1,811,622 shares. TaskUs will not sell shares or receive proceeds from this offering and is responsible for associated costs. Goldman Sachs and J.P. Morgan are lead book-running managers, while other firms are co-managers.
TaskUs announced an underwritten public offering of 10,000,000 shares of its Class A common stock by certain stockholders. The underwriters may purchase an additional 1,500,000 shares within 30 days. TaskUs will not sell any shares nor receive proceeds from the offering. The company is responsible for the associated costs, excluding underwriting discounts. Goldman Sachs and J.P. Morgan are the lead underwriters for this offering. A registration statement has been filed with the SEC, which must be effective before any securities can be sold.
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TaskUs reported Q2 2021 revenues of $180.0 million, a remarkable 57.4% year-over-year organic growth. The company's GAAP net income margin stood at -58.9%, primarily due to a significant one-time expense of $129.4 million related to phantom stock bonuses and other IPO-related costs. Adjusted EBITDA margin was 24.5%, with non-GAAP adjusted net income margin at 17.4%.
TaskUs anticipates a full-year revenue outlook between $705 million and $709 million, reflecting a growth rate of approximately 48% at the midpoint.
TaskUs, Inc. (Nasdaq: TASK) will release its second quarter 2021 financial results on August 10, 2021, after market close. A conference call hosted by management will follow at 5 p.m. ET to discuss these results. Investors can join the call via US toll-free number (844) 721-1080 or international number (929) 517-0923 using conference ID 9548709. The live webcast will be available on the TaskUs investor relations website, with a replay lasting 90 days. TaskUs specializes in outsourcing digital services and customer experience for high-growth technology companies.
TaskUs announced the pricing of its initial public offering (IPO) of 13,200,000 shares of Class A common stock at $23.00 per share. The shares will trade on Nasdaq under the symbol TASK, with the offering expected to close on June 15, 2021. Proceeds will be used to pay approximately $127.4 million for vested phantom shares for certain employees. An additional 1,980,000 shares may be purchased by underwriters within 30 days. TaskUs provides outsourced digital services to technology companies, employing around 27,500 staff globally.
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