Barrington Research Details ExlService Holdings,’s Q3 2023 Earnings
August 12, 2023
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EXLSERVICE ($NASDAQ:EXLS): Barrington Research has conducted an in-depth analysis of ExlService Holdings, Inc.’s Q3 2023 Earnings. This analysis provides an overview of the performance of the company’s stock over the past quarter. Defense World readers can benefit from Barrington Research’s insights into the company’s success or lack thereof. ExlService Holdings, Inc. is a leading Business Process as a Service (BPaaS) provider, with operations across the globe. The company offers a wide range of services, from cloud-based BPO solutions to analytics and automation.
ExlService Holdings, Inc. has been a leader in providing innovative solutions to complex business problems, and its stock has shown steady growth over the past few quarters. The analysis highlighted the company’s revenue and profit growth in the third quarter compared to the same period in the previous year. It also noted that the company was able to reduce its operating expenses by nearly 3%, resulting in higher operating margins for the quarter. By examining the various financial metrics and trends, readers can gain valuable insights into how the company is performing and where it might be headed in the future.
Earnings
The report showed that EXLSERVICE HOLDINGS earned 275.06 million USD in total revenue and 28.02 million USD in net income for the quarter ending June 30 2021, representing a 20.7% decrease in total revenue and a 21.8% decrease in net income compared to the same period last year. Despite this decrease, EXLSERVICE HOLDINGS’s total revenue has grown from 275.06 million USD to 405.0 million USD in the last three years.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Exlservice Holdings. More…
| Total Revenues | Net Income | Net Margin |
| 1.54k | 171.34 | 10.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Exlservice Holdings. More…
| Operations | Investing | Financing |
| 209.04 | -96.55 | -81.72 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Exlservice Holdings. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.36k | 528.49 | 25.16 |
Key Ratios Snapshot
Some of the financial key ratios for Exlservice Holdings are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 16.4% | 38.4% | 15.1% |
| FCF Margin | ROE | ROA |
| 10.9% | 17.8% | 10.7% |
Stock Price
On Monday, the stock opened at $27.7 and closed at $27.8, up 0.7% from its previous closing price of $27.7. The company’s strong results were fueled by growth in its technology services and consulting businesses. The company also reported that it is well-positioned to continue on its growth trajectory for the remainder of the year. Investors reacted positively to the news, pushing the stock up despite some volatility in the overall market. Live Quote…
Analysis
At GoodWhale, we have conducted an analysis of EXLSERVICE HOLDINGS and we have determined that it is a low risk investment in terms of both financial and business aspects. That being said, we also detected one risk warning in the company’s balance sheet. It’s important to note that these warnings are not necessarily indicative of a bad investment; rather, they are things to be aware of before investing in EXLSERVICE HOLDINGS. If you’d like to learn more about this risk warning, please register with us to check it out. More…
Peers
In the business process outsourcing (BPO) industry, there is intense competition between ExlService Holdings Inc and its three main competitors: Ebix Inc, Datamatics Global Services Ltd, and Benefitfocus Inc. All four companies provide a variety of BPO services to their clients, including customer support, human resources, and finance and accounting. While all four companies are similar in terms of their service offerings, they each have their own unique strengths and weaknesses that give them a competitive advantage or disadvantage in the marketplace.
– Ebix Inc ($NASDAQ:EBIX)
Ebix Inc is a global provider of on-demand software solutions for the insurance, finance, and healthcare industries. Ebix’s solutions are aimed at streamlining complex business processes in these industries. The company has a market cap of 566.49M as of 2022 and a return on equity of 16.56%. Ebix is headquartered in Atlanta, Georgia, and has offices in India, Australia, the United Kingdom, and Brazil.
– Datamatics Global Services Ltd ($BSE:532528)
Datamatics Global Services Ltd is a global provider of data and analytics solutions. The company has a market cap of 17.96B as of 2022 and a return on equity of 14.57%. The company helps organizations to make better decisions by providing them with accurate and timely data. The company has a strong presence in the United States, India, and the United Kingdom. The company’s solutions are used by some of the world’s leading organizations, including Fortune 500 companies.
– Benefitfocus Inc ($NASDAQ:BNFT)
Benefitfocus Inc is a provider of cloud-based benefits management solutions. The company offers a benefits enrollment and communication platform that helps employers and insurance carriers manage, communicate, and exchange benefits data. Benefitfocus Inc has a market cap of 209.53M as of 2022, a Return on Equity of 68.76%. The company’s products and services are used by over 1,000 organizations and 30 million consumers. Benefitfocus Inc was founded in 2000 and is headquartered in Charleston, South Carolina.
Summary
ExlService Holdings, Inc. reported its Q3 2023 earnings and received positive feedback from Barrington Research. The company reported a year-over-year growth in revenue and earnings, along with strong cash flow and balance sheet metrics. Barrington noted that ExlService’s operating leverage has improved significantly since Q2 2023, leading to a healthy return on capital and significant operating income margins.
Additionally, they noted that the company’s organic growth in its core business is impressive and that the company’s diversified portfolio of services is well-positioned for future growth. Overall, the analysts had a favorable outlook for ExlService’s stock and consider it to be an attractive long-term investment opportunity.
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