ExlService Holdings, Inc. (NASDAQ:EXLS) Q2 2024 Earnings Conference Call August 1, 2024 10:00 AM ET

Company Participants

John Kristoff - VP of IR
Rohit Kapoor - Chairman & CEO
Maurizio Nicolelli - CFO

Conference Call Participants

Maggie Nolan - William Blair
Bryan Bergin - TD Cowen
Surinder Thind - Jefferies
Puneet Jain - JPMorgan
Dave Koning - Baird
David Grossman - Stifel
Vincent Colicchio - Barrington Research

Operator

Good day, and thank you for standing by. Welcome to the Second Quarter 2024 ExlService Holdings, Inc. Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your first speaker for today, John Kristoff, VP of Investor Relations. John, please go ahead.

John Kristoff

Thanks, Felicia. Hello, and thank you for joining EXL's second quarter 2024 financial results conference call.

On the call with me today are Rohit Kapoor, Chairman and Chief Executive Officer; and Maurizio Nicolelli, Chief Financial Officer.

We hope you've had an opportunity to review the second quarter earnings release we issued this morning. We also have posted an earnings release slide deck and investor factsheet in the Investor Relations' section of our website.

As a reminder, some of the matters we'll discuss this morning are forward-looking. Please keep in mind that these forward-looking statements are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Such risks and uncertainties include, but are not limited to, general economic conditions, those factors set forth in today's press release discussed in the company's periodic reports and other documents filed with the SEC from time-to-time. EXL assumes no obligation to update the information presented on this conference call today.

During our call, we may reference certain non-GAAP financial measures, which we believe provide useful information for investors. Reconciliation of these measures to GAAP can be found in our press release, slide deck and investor fact sheet.

And with that, I'll turn the call over to Rohit.

Rohit Kapoor

Thanks, John. Good morning, everyone. Welcome to EXL's second quarter 2024 earnings call. I'm pleased to be with you this morning sharing our strong financial results.

In the second quarter, we generated revenue of $448 million, an increase of 11% year-over-year. We also grew second quarter adjusted EPS by 11% to $0.40 per share. The execution of our data and AI-led strategy enabled us to accelerate our growth momentum across both our Analytics and Digital Operations and Solutions businesses during the quarter.