ExlService Holdings: Q4 Earnings Snapshot

Audio By Carbonatix

NEW YORK (AP) — NEW YORK (AP) — ExlService Holdings Inc. (EXLS) on Tuesday reported fourth-quarter net income of $50.7 million.

On a per-share basis, the New York-based company said it had profit of 31 cents. Earnings, adjusted for stock option expense and amortization costs, were 44 cents per share.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 41 cents per share.

The provider of outsourcing services posted revenue of $481.4 million in the period, which also topped Street forecasts. Five analysts surveyed by Zacks expected $475.1 million.

For the year, the company reported profit of $198.3 million, or $1.21 per share. Revenue was reported as $1.84 billion.

ExlService Holdings expects full-year earnings in the range of $1.83 to $1.89 per share, with revenue in the range of $2.03 billion to $2.06 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EXLS at https://www.zacks.com/ap/EXLS