WNS Holdings (NYSE: WNS) reported Q4 EPS of $0.82, $0.07 better than the analyst estimate of $0.75. Revenue for the quarter came in at $235.8 million versus the consensus estimate of $230.67 million.

Non-GAAP Financial Measures*

• Revenue less repair payments of $235.8 million, up 14.1% from $206.6 million in Q4 of last year and up 3.3% from $228.2 million last quarter
• Adjusted Net Income (ANI) of $42.4 million, compared to $37.8 million in Q4 of last year and $40.9 million last quarter
• Adjusted diluted earnings per ADS of $0.82, compared to $0.73 in Q4 of last year and $0.80 last quarter

Other Metrics

• Added 11 new clients in the quarter, expanded 16 existing relationships
• Days sales outstanding (DSO) at 31 days
• Global headcount of 44,292 as of March 31, 2020

“For the full fiscal year 2020, WNS grew revenue less repair payments* by 13.8% on a constant currency* basis, delivered an adjusted operating margin of 22.7%, expanded adjusted diluted earnings* per ADS by 15.5% to $3.10, and increased our net cash* position by $94.8 million,” said Keshav Murugesh, WNS’s Chief Executive Officer. “While we closed the year with solid fourth quarter and full year performance, we enter fiscal 2021 in a challenging, uncertain, and rapidly changing environment. In this difficult time, WNS is focused on ensuring the health and safety of our more than 44,000 global employees and on servicing the needs of our clients. While we understand that our financial performance in fiscal 2021 will be impacted by the COVID-19 pandemic, our goal is to manage what is within our control, continue to invest and innovate, and remain focused on the long-term BPM opportunity. WNS firmly believes that when this pandemic is behind us, we will return to a healthy environment for BPM services.”

Fiscal 2021 Guidance

“Based on the volatility and lack of visibility stemming from the COVID-19 pandemic and the associated impacts on WNS’s and our client’s businesses, the company has temporarily suspended our annual guidance. WNS will continue to monitor the COVID-19 situation and plans to resume guidance when visibility improves. In the meantime, we enter the fiscal year in a strong financial position with $269 million in net cash*, $64 million in unused lines of credit, and a business model with low capital requirements and operating cost flexibility,” said Sanjay Puria, WNS’s Chief Financial Officer.

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