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WNS (Holdings) Ltd (WNS), a global leader in business process management, provides this centralized hub for tracking corporate developments and operational milestones. This resource aggregates official press releases, financial disclosures, and strategic updates essential for understanding the company's market position.
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Bookmark this page to monitor how WNS leverages its global delivery network and process optimization expertise across 50+ worldwide locations. Regular updates ensure stakeholders stay informed about initiatives impacting client operations and shareholder value.
WNS (Holdings) Limited (NYSE: WNS) reported its fiscal 2023 Q3 results, achieving revenue of $306.9 million, marking an 8.0% year-over-year increase but a slight decline of 0.1% from the previous quarter. Profit rose to $34.7 million, compared to $34.3 million last year. Non-GAAP revenue less repair payments was $292.9 million, a 12.2% increase year-over-year. Adjusted diluted EPS reached $1.01, up from $0.88 in Q3 last year. The company added 11 new clients and anticipates revenue less repair payments of $1,146 million to $1,158 million for FY 2023. Updated ANI guidance is $193 million to $197 million.
WNS (Holdings) Limited (NYSE: WNS) will release its fiscal 2023 third-quarter financial results on January 19, 2023, at 6:00 a.m. Eastern. A teleconference will follow at 8:00 a.m. Eastern, featuring CEO Keshav Murugesh, CFO Sanjay Puria, and COO Gautam Barai discussing the results for the quarter ending December 31, 2022. Investors can access the call via the company’s investor relations website and are encouraged to register online for dial-in details. WNS specializes in Business Process Management, providing digital solutions across various industries with a workforce of over 57,500 worldwide.
WNS (Holdings) Limited (NYSE: WNS) announced the retirement of Michael Menezes and Gareth Williams from the Board of Directors, effective December 31, 2022. Both have served the board for nine years, the maximum term according to company guidelines. Jason Liberty, an existing board member, will replace Menezes as Chairperson of the Audit Committee, while Lan Tu will take over from Williams as Chairperson of the Compensation Committee from January 1, 2023. The board expressed gratitude for the contributions of the retiring members towards corporate governance and company success.
WNS (Holdings) Limited (NYSE: WNS) announced the acquisition of The Smart Cube and OptiBuy to enhance its Business Process Management solutions. The transaction, valued at $125 million for The Smart Cube and €30 million for OptiBuy, aims to boost WNS's capabilities in procurement and analytics. With expected revenue additions of $9 million and $2 million respectively in fiscal 2023, The Smart Cube's acquisition is projected to be slightly dilutive to earnings per share, while OptiBuy's is expected to be neutral. WNS funded these acquisitions through cash and long-term debt.
WNS (Holdings) Limited (NYSE: WNS) reported a robust second quarter for fiscal 2023, with revenue of $307.1 million, up 12.2% year-over-year and 4.0% sequentially. Profit increased to $33.2 million, while adjusted net income reached $46.6 million. Notably, the company added nine new clients and expanded 21 existing relationships. WNS updated its fiscal 2023 guidance, projecting revenue less repair payments between $1,110 million and $1,150 million, and adjusted diluted earnings per ADS in the range of $3.68 to $3.87.
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