Exl Reports 2019 Second Quarter Results
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ExlService (EXLS) Tops Q2 EPS by 3c, Revenues Beat; Raises FY19 EPS/Revenue Guidance
July 30, 2019 6:14 AM EDTExlService (NASDAQ: EXLS) reported Q2 EPS of $0.74, $0.03 better than the analyst estimate of $0.71. Revenue for the quarter came in at $243.5 million versus the consensus estimate of $241.67 million.
Operating income margin for the quarter ended June 30, 2019 was 5.7%, compared to an operating income margin of 8.1% for the second quarter of 2018 and operating margin of 7.0% for the first quarter of 2019. During the quarter ended June 30, 2019 and March 31, 2019 we recorded impairment and restructuring charges of $5.6 million and $1.2 million, respectively related to the wind down of the Health Integrated business, which reduced our operating income margin by 230bps and... More