ExlService Holdings Announces First Quarter 2025 Results

ExlService Holdings, Inc. announced its financial performance for the first quarter of 2025, highlighting key results for the three months ended March 31. The company shared its operational update and earnings details in a press release, disclosing revenue, profitability metrics, and business outlook. The results reflect ongoing efforts to deliver strong performance across its business segments.

ExlService Holdings Announces Board Member Jaynie Studenmund’s Retirement
New York, NY – March 12, 2025 – ExlService Holdings, Inc. (NASDAQ: EXLS) announced that Jaynie Studenmund, a member of its Board of Directors, has decided not to stand for re-election at the company’s 2025 Annual Meeting of Stockholders. She will resign from the Board and its committees at that time.

The company confirmed that Studenmund’s departure is not due to any disagreements regarding its operations, management, or policies.

EXL (NASDAQ: EXLS) reported strong financial results for Q4 and full-year 2024, driven by its data and AI strategy. Fourth-quarter revenue reached $481.4 million, up 16.3% year-over-year, with GAAP diluted EPS increasing 28.4% to $0.31. Adjusted diluted EPS rose 26.1% to $0.44. Full-year revenue grew 12.7% to $1.84 billion, with GAAP diluted EPS at $1.21 (+10.0%) and adjusted EPS at $1.65 (+15.4%).

Key achievements include launching an enterprise AI platform with NVIDIA, introducing an insurance-specific large language model, and acquiring ITI Data to enhance data management. EXL won 69 new clients in 2024 and was named a leader in generative AI services.

For 2025, EXL forecasts revenue of $2.025-$2.060 billion (+10%-12%) and adjusted EPS of $1.83-$1.89 (+11%-14%). The company is restructuring its operations into new market-focused units to accelerate AI-driven growth.

source: EXL, February 25, 2025.