Exlservice Holdings, Inc. · NASDAQ:EXLS
Exlservice — Q2 2023 Earnings Presentation
13 slides from Exlservice's earnings presentation, Jul 27, 2023
Slide 1: ExlService Holdings, Inc. Second Quarter 2023 Financial Results
ExlService Holdings, Inc. Second Quarter 2023 Financial Results July 27, 2023
Slide 2: Safe Harbor
Safe Harbor Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. You should not place undue reliance on those statements because they are subject to numerous uncertainties and factor
Slide 3: Financial Highlights
Financial Highlights ü Q2 revenue of $405 million, up 16.8% YoY and 1.1% from Q1 on reported basis, with strong growth across both businesses ü Q2 adj EPS of $1.82, up 21.3% YoY and 4.6% from Q1 ü Analytics segment Q2 revenue of $182.2 million, up 12.9% YoY and 0.2% sequentially on reported basis ü
Slide 4: Q2 2023 Digital Operations & Solutions Segment Revenue
Q2 2023 Digital Operations & Solutions Segment Revenue (in millions) § Insurance growth driven primarily by expansion in existing client $222.8 relationships $185.5 § Emerging growth driven by expansion in existing client relationships and new client wins +20.8%* § Healthcare growth driven by higher
Slide 5: Q2 2023 Analytics Segment Revenue
Q2 2023 Analytics Segment Revenue (in millions) $182.2 $161.3 § Driven by strong growth in decision analytics, data management and payment integrity business, partially offset by decline in marketing analytics +12.8%* Q2 2022 Q2 2023 *Constant currency, see slide10
Slide 6: Q2 2023 Adjusted Operating Profit Margin
Q2 2023 Adjusted Operating Profit Margin 20.0% § Improvement driven by higher volumes and operating 18.7% leverage § AOPM for second quarter includes approximately 1% of non - recurring revenue with lower associated costs in our digital +130bps operations & solutions businesses Q2 2022 Q2 2023
Slide 7: 2023 Revised Guidance
2023 Revised Guidance Based on current visibility, and a U.S. dollar to Indian rupee exchange rate of 82, U.K. pound sterling to U.S. dollar exchange rate of 1.3, U.S. dollar to the Philippine peso exchange rate of 54.5 and all other currencies at current exchange rates REVENUE (millions) ADJUSTED D
Slide 8: Appendix
Appendix EXL
Slide 9: Non-GAAP Financial Measures and Reconciliations
Non-GAAP Financial Measures and Reconciliations In addition to our reported operating results in accordance with U.S. generally accepted accounting principles (GAAP), we have included certain financial measures that are considered non-GAAP financial measures, including the following: • Adjusted oper
Slide 10: Non-GAAP Financial Measures and Reconciliations (continued)
Non-GAAP Financial Measures and Reconciliations (continued) A limitation of using non-GAAP financial measures versus financial measures calculated in accordance with GAAP is that non-GAAP financial measures do not reflect all of the amounts associated with our operating results as determined in acco
Slide 11: Reconciliation footnotes
(a) To exclude effects of lease termination of $578 and $nil during the three months ended June 30, 2023 and 2022 respectively, and ($89) during the three months ended March 31, 2023, and to exclude certain expenses related to defined social security contribution in India for historical periods of $
Slide 12: Reconciliation footnotes (continued)
(a) To exclude effects of lease termination of $578 and $nil during the three months ended June 30, 2023 and 2022 respectively, and ($89) during the three months ended March 31, 2023, and to exclude certain expenses related to defined social security contribution in India for historical periods of $
Slide 13: Investor Relations Contact
exlservice.com John Kristoff Vice President, Head of Investor Relations Global Headquarters 212-209-4613 320 Park Ave., 29th floor IR@exlservice.com New York, NY 10022 T: +1 212 277 7100 United States | United Kingdom | Australia Bulgaria | Columbia | Czech Republic India | Philippines | Romania | S