ExlService Holdings, Inc. announced its financial results for the third quarter ended September 30, 2024, on October 29, 2024, reporting revenue of $472.1 million, a 14.9% increase year-over-year. The company's GAAP diluted EPS was $0.33, up 24.2% from $0.26 in the prior-year quarter, while adjusted diluted EPS reached $0.44, a 16.3% increase from $0.37.
Chairman and CEO Rohit Kapoor stated that the ongoing execution of EXL's data and AI-led strategy enabled accelerated growth, achieving double-digit growth across both data analytics and digital operations and solutions businesses. This performance positions the company to continue its momentum into the fourth quarter and beyond.
Based on its strong year-to-date performance, EXL raised its full-year 2024 guidance. The company now expects revenue to be in the range of $1.825 billion to $1.835 billion, representing 12% to 13% year-over-year growth, and adjusted diluted EPS to be between $1.61 and $1.63, representing 13% to 14% growth over the prior year.
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