WNS Holdings (NYSE: WNS) reported Q2 EPS of $0.65, $0.09 better than the analyst estimate of $0.56. Revenue for the quarter came in at $199.1 million versus the consensus estimate of $197.08 million.

• Revenue of $199.1 million, up 6.8% from $186.5 million in Q2 of last year and down 0.3% from $199.8 million last quarter
• Profit of $24.8 million, compared to $18.9 million in Q2 of last year and $22.4 million last quarter
• Diluted earnings per ADS of $0.48, compared to $0.36 in Q2 of last year and $0.42 last quarter

Non-GAAP Financial Measures*

• Revenue less repair payments of $195.5 million, up 7.2% from $182.3 million in Q2 of last year and down 0.3% from $196.0 million last quarter
• Adjusted Net Income (ANI) of $33.7 million, compared to $27.7 million in Q2 of last year and $30.9 million last quarter
• Adjusted diluted earnings per ADS of $0.65, compared to $0.53 in Q2 of last year and $0.59 last quarter

“WNS’s second quarter financial performance continued to demonstrate our solid business momentum and differentiated positioning in the BPM marketplace. In the fiscal second quarter, the company grew revenue less repair payments* 7% year-over-year, or 11% on an organic, constant currency* basis. We were also able to expand our margins during the quarter and deliver a 23% increase in adjusted diluted earnings* per ADS versus the same quarter of last year,” said Keshav Murugesh, WNS’s Chief Executive Officer. “WNS remains committed to helping our clients outperform in their respective industries through co-creation, and to delivering enhanced value to all our key stakeholders.”

“The company has updated our forecast for fiscal 2019 based on current visibility levels and exchange rates,” said Sanjay Puria, WNS’s Chief Financial Officer. “Our guidance for the year reflects growth in revenue less repair payments* of 5% to 8%, or 8% to 12% on a constant currency* basis. We currently have 98% visibility to the midpoint of the range.”

GUIDANCE:

WNS Holdings sees FY2019 EPS of $2.42-$2.58, versus the consensus of $2.37. WNS Holdings sees FY2019 revenue of $775-801 million, versus the consensus of $806.45 million.

For earnings history and earnings-related data on WNS Holdings (WNS) click here.