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ExlService Holdings EXLS Q2 2024 earnings

Reported August 1, 2024 · Before market open

Revenue$448.4MBeat by $3.7M
EPS$0.40Beat by $0.01
Revenue estimate$444.7M
EPS estimate$0.39

Next report

Oct 27, 2026 (in 3 months)
Revenue estimate$585.1M
EPS estimate$0.56

Financials

Q2 2024

Income statement

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Revenue$448.4M+10.7%
Gross profit$166.3M+9.5%
Operating income$61.4M-5.2%
Net income$45.8M-6.6%
EPS (diluted)$0.28-80.8%

Balance sheet

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Cash & equivalents$121.7M+20.9%
Total debt$416.1M+45.7%
Total equity$852.6M+2.2%
Total assets$1.5B+10.4%

Cash flow

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Operating cash flow$74.9M+57.6%
CapEx$12.1M-11.5%
Free cash flow$62.8M+85.4%

Valuation & ratios

Valuation

as of 06/30/24
See full
Market cap$5.18B+3.1%
Enterprise value$5.47B+5.1%
P/E29×-0.3×
P/S-0.2×

Profitability

See full
Gross margin37.2%+0.3pp
Operating margin13.9%-0.7pp
Net margin10.5%-0.7pp
FCF margin8.8%+0.3pp

Returns & leverage

See full
Return on equity21.2%-1.4pp
Debt / equity0.5×+0.1×
Current ratio2.5×+0.1×

Segments

By segment

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Insurance$149.3M+16.2%

By geography

See full
International Growth Markets$24.7M+19.2%

Versus estimates

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Questions, answered.

When did ExlService Holdings report Q2 2024 earnings?
ExlService Holdings (EXLS) reported Q2 2024 earnings on August 1, 2024 before market open.
What were ExlService Holdings's Q2 2024 revenue and EPS?
ExlService Holdings reported revenue of $448.4M and eps of $0.40 for Q2 2024.
Did ExlService Holdings beat estimates in Q2 2024?
Revenue beat the consensus estimate of $444.7M by $3.7M. EPS beat the consensus estimate of $0.39 by $0.01.
Where can I find ExlService Holdings's Q2 2024 SEC filings?
You can read the 10-Q periodic report (0001297989-24-000007) directly on SEC EDGAR. The filing index links above go to sec.gov.