ExlService Holdings, Inc. (NASDAQ:EXLS) Q3 2024 Earnings Conference Call October 30, 2024 10:00 AM ET

Company Participants

John Kristoff – Vice President-Investor Relations
Rohit Kapoor – Chairman and Chief Executive Officer
Maurizio Nicolelli – Chief Financial Officer

Conference Call Participants

Surinder Thind – Jefferies
Bryan Bergin – TD Cowen
Maggie Nolan – William Blair
Puneet Jain – JPMorgan
David Koning – R.W. Baird
David Grossman – Stifel Europe
Vincent Colicchio – Barrington Research Associates

Operator

Hello, and welcome to the ExlService Holdings, Incorporated Q3 2024 Earnings Call. We ask that you please hold all questions until the completion of the formal remarks, at which time you will be given instructions for the question-and-answer session. Also, as a reminder, this conference is being recorded today. If you have any objections, please disconnect at this time.

I will now turn the call over to John Kristoff, Vice President of Investor Relations.

John Kristoff

Thanks, Leila. Hello, and thank you for joining EXL’s third 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 had an opportunity to review the third quarter earnings press release we issued yesterday afternoon. We also have posted a slide deck and investor fact sheet 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 third quarter 2024 earnings call. I’m pleased to be with you this morning reviewing our strong financial results. In the third quarter, we generated revenue of $472 million, an increase of 15% year-over-year. We also grew third quarter adjusted EPS by 16% to $0.44 per share.