ExlService Holdings: 2Q Earnings Snapshot
NEW YORK (AP) _ ExlService Holdings Inc. (EXLS) on Tuesday reported second-quarter earnings of $12.6 million.
The New York-based company said it had net income of 36 cents per share. Earnings, adjusted for one-time gains and costs, were 74 cents per share.
The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of 71 cents per share.
The provider of outsourcing services posted revenue of $243.5 million in the period, also exceeding Street forecasts. Seven analysts surveyed by Zacks expected $241.4 million.
ExlService Holdings expects full-year earnings in the range of $2.86 to $2.98 per share, with revenue in the range of $976 million to $996 million.
ExlService Holdings shares have climbed 27% since the beginning of the year. The stock has climbed 11% in the last 12 months.