AI firm ExlService Q3 revenue beats estimates on higher client base, raises FY guidance

Overview

• ExlService Q3 2025 revenue grows 12.2% yr/yr, beating analyst expectations, per LSEG data

• Adjusted EPS for Q3 2025 beats consensus

• Company raises full-year guidance for revenue and adjusted EPS, citing strong momentum

Outlook

• ExlService raises full-year revenue guidance to $2.07 bln-$2.08 bln

• Company projects adjusted diluted EPS of $1.88-$1.92 for 2025

• ExlService expects 13% revenue growth year-over-year

Result Drivers

• AI EMBEDDING - CEO Rohit Kapoor attributes growth to embedding AI in workflows, resonating with clients

• NEW CLIENTS - Won 21 new clients in Q3, expanding client base

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the business support services peer group is "buy"

• Wall Street's median 12-month price target for Exlservice Holdings Inc is $54.00, about 23.2% above its October 27 closing price of $41.47

• The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 22 three months ago

Press Release: ID:nGNX7Bdzdt

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