ExlService Holdings: Q1 Earnings Snapshot

NEW YORK (AP) — NEW YORK (AP) — ExlService Holdings Inc. (EXLS) on Thursday reported first-quarter net income of $48.8 million.

The New York-based company said it had profit of 29 cents per share. Earnings, adjusted for one-time gains and costs, came to 38 cents per share.

The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 36 cents per share.

The provider of outsourcing services posted revenue of $436.5 million in the period, also beating Street forecasts. Five analysts surveyed by Zacks expected $424.8 million.

ExlService Holdings expects full-year earnings in the range of $1.58 to $1.62 per share, with revenue in the range of $1.79 billion to $1.82 billion.


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

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