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 (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.
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.
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