Exlservice Holdings, Inc. · NASDAQ:EXLS
Exlservice — Q3 2024 Earnings Presentation
13 slides from Exlservice's earnings presentation, Oct 30, 2024
Slide 1: ExlService Holdings Inc. third quarter 2024 financial results
ExlService Holdings Inc. third quarter 2024 financial results October 29, 2024
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: Third Quarter 2024
Financial highlights: Third Quarter 2024 Q3 revenue of $472.1 million, up 14.9% YoY and 5.3% from Q2 2024 on reported basis, with strong growth across both businesses Q3 adj EPS1 of $0.44, up 16.3% YoY and 7.8% from Q2 2024 Analytics segment Q3 revenue of $204 million, up 11.4% YoY and 5.3% sequenti
Slide 4: Q3 2024 Digital operations & solutions segment revenue
Q3 2024 Digital operations & solutions segment revenue (in millions) • Insurance growth was driven by the expansion of existing $268.1 $227.9 client relationships and ramp up of new client wins • Emerging growth was primarily driven by expansion of +17.6% existing client relationships and ramp up of
Slide 5: Q3 2024 Analytics segment revenue
Q3 2024 Analytics segment revenue $204.0 (in millions) $183.1 • Driven by higher volumes in Payment services, new client +11.4% wins and expansion in existing client relationships in our data management and analytics services businesses Q3 2023 Q3 2024 ©2023 ExlService Holdings, Inc. All rights rese
Slide 6: Q3 2024 Adjusted operating margin
Q3 2024 Adjusted operating margin1 20.0% 19.9% • Decline driven by higher depreciation on new operating centers opened -10 bps in 2024 Q3 2023 Q3 2024 1) See slides 9 to 12 for information regarding the use of our non-GAAP financial measures. ©2023 ExlService Holdings, Inc. All rights reserved. 6
Slide 7: 2024 Revised guidance
2024 Revised guidance Based on current visibility, and a U.S. dollar to Indian rupee exchange rate of 84, U.K. pound sterling to U.S. dollar exchange rate of 1.30, U.S. dollar to the Philippine peso exchange rate of 58 and all other currencies at current exchange rates Revenue (in millions) Adjusted
Slide 8: Appendix
Appendix EXL
Slide 9: Non-GAAP financial measures and reconciliations
Non-GAAP financial measures and reconciliations In addition to its reported operating results in accordance with U.S. generally accepted accounting principles (GAAP), EXL has included in this release certain financial measures that are considered non-GAAP financial measures, including the following:
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: Non-GAAP reconciliation tables and footnotes
(a) To exclude effects of employee severance costs and outplacement support costs of $4,762 and litigation settlement costs and associated legal fees of $1,412 during the three months ended June 30, 2024. (b) To exclude the effects of material allowance for expected credit losses on accounts receiva
Slide 12: Non-GAAP reconciliation tables and footnotes (continued)
(a) To exclude effects of employee severance costs and outplacement support costs of $4,762 and litigation settlement costs and associated legal fees of $1,412 during the three months ended June 30, 2024. (b) To exclude the effects of material allowance for expected credit losses on accounts receiva
Slide 13: John Kristoff, Investor Relations contact
John Kristoff exlservice.com 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 F: +1(212) 277-7111 United States | United Kingdom | Australia Bulgaria | Colombia | Czech Republic India | Irela