ExlService Holdings (EXLS) Releases Earnings Results, Beats Expectations By $0.03 EPS

ExlService Holdings (EXLS) reported quarterly earnings results on Thursday, Apr-28-2016. The company said it had a profit of $0.56 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.03. Analysts had a consensus of $0.53. The company posted revenue of $167.00 million in the period, compared to analysts expectations of $165.01 million. The company’s revenue was up 16.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.41 EPS.

Many Wall Street Analysts have commented on ExlService Holdings. Needham Upgraded ExlService Holdings on Feb 24, 2016 to ” Buy”, Price Target of the shares are set at $56.

ExlService Holdings opened for trading at $50.97 and hit $51.7 on the upside on Wednesday, eventually ending the session at $51.52, with a gain of 0.74% or 0.38 points. The heightened volatility saw the trading volume jump to 1,08,532 shares. Company has a market cap of $1,714 M.

In a different news, on Apr 27, 2016, Nancy Saltzman (EVP & Gen. Counsel/Corp.Sec’y.) sold 2,521 shares at $50.44 per share price. According to the SEC, on Apr 20, 2016, Vikas Bhalla (EVP & Head of Outsourcing) sold 9,100 shares at $52.02 per share price. On Apr 14, 2016, Pavan Bagai (President & COO) sold 27,184 shares at $51.19 per share price, according to the Form-4 filing with the securities and exchange commission.

ExlService Holdings Inc. (EXL) provides business process solutions. The Company’s business is divided into two reporting segments: Operations Management (previously Outsourcing Services) and Analytics and Business Transformation (previously Transformation Services). It provides Operations Management solutions to sectors including insurance healthcare utilities banking and financial services and travel transportation and logistics sectors as well as cross-industry operations management solutions such as finance and accounting services. Its Analytics and Business Transformation services include its Analytics Operations Consulting and Finance Transformation services. Its global delivery network spreads across the United States Europe and Asia. It operates 19 operations centers in India six operations centers in the United States five operations centers in the Philippines and one operations center in each of Bulgaria Romania and the Czech Republic.

ExlService Holdings

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