ExlService Holdings: Q1 Earnings Snapshot
NEW YORK (AP) — NEW YORK (AP) — ExlService Holdings Inc. (EXLS) on Tuesday reported first-quarter earnings of $66.6 million.
On a per-share basis, the New York-based company said it had net income of 40 cents. Earnings, adjusted for stock option expense and amortization costs, came to 48 cents per share.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 45 cents per share.
The provider of outsourcing services posted revenue of $501 million in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $490.7 million.
ExlService Holdings expects full-year earnings in the range of $1.83 to $1.89 per share, with revenue in the range of $2.04 billion to $2.07 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EXLS at https://www.zacks.com/ap/EXLS