EXL Reports 2020 First Quarter Results

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ExlService (EXLS) Tops Q1 EPS by 6c; Guides Q2 Lower

May 7, 2020 6:38 AM EDT

ExlService (NASDAQ: EXLS) reported Q1 EPS of $0.81, $0.06 better than the analyst estimate of $0.75. Revenue for the quarter came in at $246 million versus the consensus estimate of $250.19 million.

Rohit Kapoor, Vice Chairman and Chief Executive Officer, said, We started the first quarter of 2020 on a strong note built upon the momentum we had achieved in 2019. However, in the last two weeks of March, we were affected by the COVID-19 pandemic and we finished the quarter with revenues of $246.0 million, up 2.7% year over year. Adjusted diluted EPS... More