NASDAQ$EXLS
ExlService Holdings Inc. · Q1 2022 earnings
Q1 2022 earnings · · Investor relations
Briefing
Reported a strong first quarter with revenue up 25.9% year-over-year and adjusted diluted earnings per share up 20.3%.
EXL reported a strong first quarter with revenue of $329.2 million, a 25.9% increase from the first quarter of 2021. Adjusted diluted earnings per share for the quarter was $1.42, a 20.3% increase year-over-year. The company is increasing its revenue guidance for 2022 to be in the range of $1.315 billion to $1.335 billion, and adjusted diluted earnings per share guidance for 2022 to $5.40 to $5.65.
- Revenues for the quarter ended March 31, 2022 increased to $329.2 million compared to $261.4 million for the first quarter of 2021, an increase of 25.9%.
- Q1 Diluted Earnings Per Share (GAAP) of $1.07, up from $0.93 in Q1 of 2021
- Q1 Adjusted Diluted Earnings Per Share (Non-GAAP) of $1.42, up from $1.18 in Q1 of 2021
- Based on strong first quarter financial results, the company is increasing its revenue and adjusted diluted earnings per share guidance for 2022.
Headline financials
Revenue & EPS history
ExlService · Revenue · Quarterly
$329M
Revenue by segment
ExlService · $130M total across 2 segments · Q1 2022
- Insurance$103M+13.4%79.8%
- Healthcare and Life Sciences$26.2M-13.5%20.2%
Forward guidance
Based on current visibility, the company is providing the following guidance for the full year 2022: Revenue of $1.315 billion to $1.335 billion and Adjusted diluted earnings per share of $5.40 to $5.65.
Tailwinds
- Revenue of $1.315 billion to $1.335 billion, representing an increase of 17% to 19% on a reported basis
- Revenue representing an increase of 14% to 16% on an organic constant currency basis from 2021
- Adjusted diluted earnings per share of $5.40 to $5.65, representing an increase of 12% to 17% from 2021
- Strong momentum heading further into 2022
- Positioned well for continued growth
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 2022
+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