ExlService Holdings, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
February 29, 2024 at 06:01 am EST
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ExlService Holdings, Inc. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 414.06 million compared to USD 374.7 million a year ago. Net income was USD 40.28 million compared to USD 31.85 million a year ago. Basic earnings per share from continuing operations was USD 0.24 compared to USD 0.19 a year ago. Diluted earnings per share from continuing operations was USD 0.24 compared to USD 0.19 a year ago.
For the full year, sales was USD 1,630.67 million compared to USD 1,412.04 million a year ago. Net income was USD 184.56 million compared to USD 142.97 million a year ago. Basic earnings per share from continuing operations was USD 1.11 compared to USD 0.86 a year ago. Diluted earnings per share from continuing operations was USD 1.1 compared to USD 0.85 a year ago.
ExlService Holdings, Inc. is a data analytics and digital operations and solutions company. The Company partners with clients using a data and artificial intelligence (AI)-led approach. The Companyâs segments include Insurance, Healthcare, Analytics and Emerging Business. Insurance segment serves property and casualty insurance, life insurance, disability insurance, insurance brokers, reinsurers, annuity and retirement services and insurance technology companies. Healthcare segment primarily serves United States-based healthcare payers, providers and pharmacy benefit managers organizations. Emerging Business segment provides data and AI-led enterprise solutions in the areas of finance and accounting, customer experience management and revenue enhancement to clients primarily in the banking and capital markets, utilities, retail and consumer packaged goods, technology, media, and telecom, travel and leisure, manufacturing, transportation and logistics and business services industries.