NASDAQ$EXLS
ExlService Holdings Inc. · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
EXL had a strong start to the year with increased revenue and adjusted diluted earnings per share.
EXL reported a strong first quarter with revenue of $261.4 million, a 6.3% increase year-over-year. Adjusted diluted earnings per share was $1.18, a 46% increase year-over-year. The company is increasing its revenue and adjusted diluted earnings per share guidance for 2021.
- First quarter revenue increased to $261.4 million, up 6.3% year-over-year.
- Analytics growth accelerated with a 10.7% revenue increase from the first quarter of 2020.
- Adjusted diluted earnings per share for the quarter was $1.18, a 46% increase year-over-year.
- Company won 14 new clients in the first quarter of 2021, with five in operations management and nine in analytics.
Headline financials
Revenue & EPS history
ExlService · Revenue · Quarterly
$261M
Revenue by segment
ExlService · $121M total across 2 segments · Q1 2021
- Insurance$91.1M+8.8%75.0%
- Healthcare and Life Sciences$30.3M+12.2%25.0%
Forward guidance
EXL is increasing its revenue and adjusted diluted earnings per share guidance for 2021.
Tailwinds
- Revenue of $1.04 billion to $1.07 billion, representing an increase of 9% to 12% on a reported basis from 2020.
- Revenue of $1.04 billion to $1.07 billion, representing an increase of 8% to 11% on a constant currency basis from 2020.
- Adjusted diluted earnings per share of $4.00 to $4.30, representing an increase of 13% to 22% from 2020.
- Strong first quarter financial results
- Growth momentum in the business
Headwinds
- Significant pandemic related challenges in delivery geographies, particularly in India and the Philippines.
- Inability to predict future stock-based compensation expense under ASC Topic 718
- The amortization of intangibles associated with further acquisitions
- Currency fluctuations
- Associated tax impacts
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2021
+0.7%
Avg return
Earnings day
+1.7%
Avg return
5 days after
+2.3%
Avg return
30 days after
52%
34 / 65 earnings
Positive
+15.0%
Q1 2010
Best reaction
-13.2%
Q2 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.9% | +4.5% | -4.2% | |
| Q4 2025 | -0.3% | +8.6% | +3.8% | |
| Q3 2025 | -7.0% | -5.6% | -4.2% | |
| Q1 2025 | +7.8% | +3.5% | +2.2% | |
| Q4 2024 | -0.1% | -1.8% | -3.9% | |
| Q3 2024 | +7.5% | +7.5% | +20.3% | |
| Q2 2024 | -3.5% | -3.2% | +3.6% | |
| Q1 2024 | +2.0% | +5.6% | +2.7% | |
| Q4 2023 | +6.3% | +4.5% | +6.5% | |
| Q3 2023 | +1.6% | +3.5% | +12.0% | |
| Q2 2023 | -13.2% | -14.2% | -11.9% | |
| Q1 2023 | +10.0% | +8.9% | -6.2% | |
| Q4 2022 | -1.0% | -3.3% | -9.9% | |
| Q3 2022 | +3.4% | +8.2% | +10.0% | |
| Q2 2022 | +13.3% | +14.0% | +14.8% | |
| Q1 2022 | -4.8% | -4.2% | +0.5% | |
| Q4 2021 | +4.9% | +7.6% | +19.6% | |
| Q3 2021 | +6.1% | +11.5% | +8.2% | |
| Q2 2021 | +5.4% | +9.5% | +12.2% | |
| Q1 2021 | -0.6% | +3.0% | +9.7% | |
| Q4 2020 | +4.0% | +5.0% | +16.7% | |
| Q3 2020 | +3.6% | +7.9% | +15.2% | |
| Q2 2020 | +3.3% | +3.1% | -4.8% | |
| Q1 2020 | -1.0% | -6.2% | +6.7% | |
| Q4 2019 | +3.1% | +5.8% | -28.2% | |
| Q3 2019 | +5.1% | +4.3% | +6.1% | |
| Q2 2019 | +3.1% | +1.5% | +2.9% | |
| Q1 2019 | -2.5% | -0.5% | -4.7% | |
| Q4 2018 | -0.6% | -1.6% | -2.4% | |
| Q3 2018 | -8.3% | -9.7% | -9.6% | |
| Q2 2018 | -2.2% | -1.1% | +7.7% | |
| Q1 2018 | -6.9% | -6.7% | -1.9% | |
| Q4 2017 | -7.0% | -7.3% | -9.0% | |
| Q3 2017 | +3.1% | +3.0% | +0.6% | |
| Q2 2017 | +3.5% | +4.9% | -0.4% | |
| Q1 2017 | +2.7% | +3.9% | +10.9% | |
| Q4 2016 | -1.6% | -3.2% | -1.2% | |
| Q3 2016 | -5.0% | -6.7% | +1.6% | |
| Q2 2016 | -3.0% | +1.2% | -1.6% | |
| Q1 2016 | -6.0% | — | — | |
| Q4 2015 | +5.4% | — | — | |
| Q3 2015 | +5.7% | — | — | |
| Q2 2015 | +5.3% | — | — | |
| Q1 2015 | +0.6% | — | — | |
| Q4 2014 | +9.2% | — | — | |
| Q3 2014 | +1.4% | — | — | |
| Q2 2014 | -1.7% | — | — | |
| Q1 2014 | +1.6% | — | — | |
| Q4 2013 | +8.9% | — | — | |
| Q3 2013 | -5.6% | — | — | |
| Q2 2013 | -4.3% | — | — | |
| Q1 2013 | -6.3% | — | — | |
| Q4 2011 | +0.8% | — | — | |
| Q1 2011 | +0.8% | — | — | |
| Q4 2012 | +4.6% | — | — | |
| Q3 2012 | -7.6% | — | — | |
| Q2 2012 | -2.2% | — | — | |
| Q1 2012 | -6.0% | — | — | |
| Q4 2009 | +0.6% | — | — | |
| Q3 2010 | -1.3% | — | — | |
| Q3 2011 | -1.3% | — | — | |
| Q4 2010 | -2.3% | — | — | |
| Q2 2010 | -2.3% | — | — | |
| Q2 2011 | -2.3% | — | — | |
| Q1 2010 | +15.0% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro