TaskUs: Q4 Earnings Snapshot

NEW BRAUNFELS, Texas (AP) — NEW BRAUNFELS, Texas (AP) — TaskUs Inc. (TASK) on Monday reported fourth-quarter earnings of $15.7 million.

On a per-share basis, the New Braunfels, Texas-based company said it had net income of 16 cents. Earnings, adjusted for one-time gains and costs, were 33 cents per share.

The results met Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was also for earnings of 33 cents per share.

The provider of outsourced digital services posted revenue of $242.2 million in the period, which beat Street forecasts. Three analysts surveyed by Zacks expected $231.7 million.

For the year, the company reported profit of $40.4 million, or 39 cents per share. Revenue was reported as $960.5 million.

For the current quarter ending in March, TaskUs said it expects revenue in the range of $231 million to $233 million.

The company expects full-year revenue in the range of $940 million to $990 million.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TASK at https://www.zacks.com/ap/TASK

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