- ExlService (NASDAQ:EXLS) is up 5.7% as it announced updated guidance for FY20 with revenue ranging between $945M and $955M (prior $922M to $938M) vs. $933.72M consensus and adj. diluted EPS to be in the range of $3.35 to $3.45 (prior $2.60 to $2.80) vs. $2.70 consensus.
- Company expects Q3 revenues to be at least $239M vs. $227.77M consensus and adjusted diluted EPS to be at least $1.00 vs. $0.64 consensus.
- Company says the business over the past few months has rebounded better than initially expected. The demand for services in Analytics has grown very well with accelerated need for data analytics.
- ExlService had announced a stock repurchase program of up to $200M beginning January 1, 2020 through December 31, 2022, and is now targeting to repurchase up to $80M for calendar year 2020.
ExlService +5% on raising FY20 guidance
Recommended For You
More Trending News
About EXLS Stock
Related Stocks
Symbol | Last Price | % Chg |
---|---|---|
EXLS | - | - |
ExlService Holdings, Inc. |