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.
TaskUs, Inc. provides outsourced digital services and next-generation customer experience for clients in AI, autonomous vehicles, robotics, social media, financial services, healthcare and related digital sectors. Its recurring updates center on service revenue, client demand and performance across Digital Customer Experience, Trust & Safety and AI Services.
Company news also covers the shift toward specialized AI model training, AI safety, robotics and autonomous-vehicle support, along with capital actions such as credit-facility refinancing and special cash dividends. Governance items, including finance leadership changes and board matters, appear alongside earnings releases, conference-call notices and outlook commentary.
TaskUs (Nasdaq: TASK) reminded stockholders to vote FOR the proposed take-private merger ahead of its special meeting on October 8, 2025 at 7:30 a.m. CT. Under the definitive agreement, an affiliate of Blackstone together with TaskUs co‑founders will acquire 100% of outstanding Class A shares the Buyer Group does not already own for $16.50 per share in cash. The Special Committee continues to recommend the transaction and says it has not received any proposal to amend the merger terms to be more favorable to unaffiliated stockholders. Record date for voting was August 6, 2025.
TaskUs (Nasdaq: TASK) announced the adjournment of its special stockholders meeting to October 8, 2025, regarding the proposed take-private acquisition by Blackstone and company co-founders. The meeting was postponed as the required majority vote from unaffiliated stockholders has not yet been obtained.
The proposed transaction, announced on May 9, 2025, involves Blackstone and TaskUs' co-founders acquiring all outstanding Class A shares they don't already own for $16.50 per share in cash. The Special Committee continues to support the transaction, citing AI's impact on the company's business and future prospects as key considerations.
TaskUs (Nasdaq: TASK) announced the adjournment of its special stockholders meeting regarding the proposed take-private acquisition by Blackstone and company co-founders. The meeting has been postponed to September 24, 2025, as the required majority vote from unaffiliated stockholders was not obtained.
The proposed transaction, announced on May 9, 2025, involves the Buyer Group acquiring remaining shares at $16.50 per share in cash. Despite discussions with stockholders about AI's impact on the business, the Buyer Group has maintained its original offer terms. The Special Committee continues to support the transaction as being in stockholders' best interests.
Think Investments LP, a major shareholder owning ~23% of TaskUs (NASDAQ: TASK), has announced its opposition to the proposed take-private transaction by Blackstone and TaskUs' founders at $16.50 per share. Think argues that the fair value should be $25.00 per share, representing over 50% premium to the proposed price.
The investor criticizes the sale process, suggesting the Special Committee's fairness opinion deliberately selected low-value comparables while omitting relevant transactions like the WNS-Capgemini deal, which implies a ~12x LTM EBITDA multiple versus the opinion's 6.8x median. Think highlights TaskUs' strong performance in AI Services, which grew 65.5% year-over-year in H1'25, and plans to vote against the transaction.
Murchinson Ltd., a significant stockholder of TaskUs (NASDAQ: TASK), has issued an open letter opposing the proposed $16.50 per share going-private transaction with Blackstone Inc. and TaskUs founders. The letter, released on August 26, 2025, contends that the deal severely undervalues the company ahead of the September 10 special meeting.
Murchinson highlights several concerns, including questionable share repurchases during negotiations, management conflicts of interest, and valuation discrepancies. Using the company's own 2024 valuation multiple of 8.0x EBITDA, Murchinson calculates fair values of $19.08 to $20.86 per share, representing premiums of 13-24% above the offer price. The investor criticizes the Board for accepting only a modest 3% price increase from $16.00 to $16.50 during negotiations.
Murchinson Ltd., a stockholder of TaskUs (NASDAQ: TASK), has issued an open letter opposing the company's proposed $16.50 per share going-private transaction with Blackstone Inc. and company founders. Murchinson argues that the deal significantly undervalues TaskUs, suggesting a fair value of at least $19.00 per share.
The investor highlights TaskUs's strong performance, including 23.6% year-over-year revenue growth in Q2, 72.2% growth in AI Operations, and projected free cash flow of $75-120 million this year. Murchinson criticizes the deal's timing and process, noting that the announcement preceded positive Q1 earnings and that controlling stockholders blocked exploration of alternatives.
Despite controlling over 97% of voting power, the transaction requires majority approval from minority shareholders. Murchinson plans to vote against the deal at the September 10, 2025 special meeting.
TaskUs (NASDAQ:TASK) reported strong financial results for Q2 2025, with total revenues reaching $294.1 million, representing a 23.6% year-over-year growth. The company achieved a net income of $20.0 million with a 6.8% margin and an Adjusted EBITDA of $65.0 million with a 22.1% margin.
Key performance metrics include diluted EPS of $0.22 and Adjusted EPS of $0.43. All three service lines delivered double-digit year-over-year revenue growth, with AI Services leading as the fastest-growing segment. Trust + Safety maintained robust growth at nearly 30%. The company expanded its workforce to 60,400 teammates and announced strategic partnerships with Decagon and Regal to enhance AI-powered customer experience.
TaskUs (NASDAQ: TASK) has announced strategic partnerships with Decagon and Regal to enhance its AI-powered customer experience offerings. The collaboration aims to leverage agentic AI technology, which builds upon generative AI to autonomously complete customer support tasks. TaskUs CEO Bryce Maddock projects that these partnerships could reduce customer support costs by 25-50% while improving service quality.
The company will implement Decagon and Regal's platforms across digital and voice channels, integrating them with human support teams in a hybrid model. The partnership complements TaskUs' recently launched agentic AI consulting practice, which helps companies integrate advanced AI technologies into their customer experience operations. TaskUs plans to apply these AI solutions to its internal operations while maintaining human oversight.
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.