ExlService (EXLS) Tops Q4 EPS by 5c; Guides FY15 Revs Above Consensus

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ExlService (EXLS) to Acquire RPM Direct in $70M Deal

February 24, 2015 6:13 AM EST

ExlService (Nasdaq: EXLS) announced that it has agreed to acquire RPM Direct, LLC. RPM specializes in analyzing large consumer data sets to segment populations, predict response rates, forecast customer lifetime value, design and execute targeted, multi-channel marketing campaigns. RPM has focused on the insurance industry, including property & casualty, life and health, since its inception in 2001.

Rohit Kapoor, EXL Vice Chairman and Chief Executive Officer, stated, "RPM possesses a unique combination of strong analytical and data management capabilities with deep industry expertise in the P&C, life and health insurance markets. With a delivery model that... More

EXL (EXLS) Approves $20M Buyback

February 24, 2015 6:10 AM EST

EXL (NASDAQ: EXLS) announced that its Board of Directors has authorized a three-year $20 million annual common stock repurchase program, effective immediately. The intent of the repurchase program is to offset dilution from annual employee equity grants.

"We have a strong balance sheet... More