ExlService Holdings (EXLS) Releases Earnings Results, Beats Expectations By $0.02 EPS

ExlService Holdings (EXLS) reported quarterly earnings results on Thursday, Jul-28-2016. The company said it had a profit of $0.55 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.02. Analysts had a consensus of $0.53. The company posted revenue of $170.50 million in the period, compared to analysts expectations of $170.46 million. The company’s revenue was up 9.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.48 EPS.

ExlService Holdings closed down -2.34 points or -4.59% at $48.69 with 2,95,614 shares getting traded on Thursday. Post opening the session at $51.03, the shares hit an intraday low of $48.51 and an intraday high of $52.39 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

In a different news, on Jul 14, 2016, Vishal Chhibbar (EVP & CFO) sold 4,500 shares at $54.00 per share price. According to the SEC, on Jun 2, 2016, Villa Rembert De (EVP) sold 5,000 shares at $51.81 per share price. 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 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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