ExlService (EXLS)
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EXL’s LDS platform recognized as ‘Luminary’ in Celent New Business and Underwriting Systems: North America Life Insurance Edition report
Globenewswire· 2025-02-18 15:54
Core Insights - EXL has been recognized as a Luminary in the Celent New Business and Underwriting Systems report for the third consecutive year, highlighting its innovative Life Digital Suite™ (LDS) solution [1][2] - The Celent report evaluated 20 technology platforms aimed at automating and digitizing new business and underwriting processes in North America, focusing on cost reduction and improved customer experience [3] Company Overview - EXL is a global data and AI company that provides services to transform business models and drive growth across various industries, including insurance, healthcare, and banking [6] - Founded in 1999, EXL is headquartered in New York and employs approximately 57,000 people globally [6] Product Features - EXL's LDS is a low-code, highly configurable platform that automates the entire new business and underwriting process, from application receipt to policy issuance [4] - The platform includes features such as pre-built product templates, personalized quotes, and management dashboards, making it interoperable with existing client technologies [4] Market Position - The life insurance industry is increasingly favoring fast decision-making and efficient workflows, which EXL's AI-enhanced processes support [5] - EXL's continued investment in its products, such as the Underwriter Assist tool utilizing GenAI, positions it as a strong contender in the market [4][5]
Unlocking AI’s Full Potential: EXL's "AI in Action" Event Will Showcase Real-World Strategies to Scale AI for Business Leaders in ANZ
Globenewswire· 2025-02-09 22:30
Group 1 - EXL is hosting a virtual event titled "AI in Action: Australia & New Zealand 2025" on March 20, 2025, aimed at providing businesses with strategies to harness AI for measurable impact [1][2] - The event will feature leaders and experts from various industries, including banking, insurance, and technology, focusing on real-world applications of AI, large language models, and data intelligence [2][3] - Attendees will gain actionable insights through expert panels, live demonstrations, and interactive sessions, aimed at bridging strategy with execution and driving measurable business outcomes [3][4] Group 2 - EXL's leadership emphasizes the event as a platform for learning and a catalyst for transforming business operating models to adapt to an AI-driven world [4] - The company has a strong track record in AI and data transformation, supporting businesses in leveraging advanced AI solutions for long-term success [4][6] - The event will showcase EXL's LLM framework and its applications in enhancing operational efficiency, customer experience, and modernizing operating models [7]
EXL Schedules Fourth Quarter and Full Year 2024 Financial Results Conference Call
Globenewswire· 2025-01-29 13:49
Core Insights - ExlService Holdings, Inc. will release its financial results for Q4 and the full year of 2024 on February 25, 2025, after market close [1] - A conference call will be held on February 26, 2025, at 10:00 a.m. EST, featuring insights from the CEO and CFO regarding operational and financial results [2] Company Overview - ExlService is a global data and AI company that provides services to transform client business models and drive growth across various industries, including insurance, healthcare, banking, retail, and energy [3] - The company was founded in 1999 and is headquartered in New York, employing approximately 57,000 individuals across six continents [3]
ExlService Holdings (EXLS) Surges 5.5%: Is This an Indication of Further Gains?
ZACKS· 2025-01-22 18:30
ExlService Holdings (EXLS) shares soared 5.5% in the last trading session to close at $49.73. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 5.7% gain over the past four weeks.The stock is gaining momentum as the company continues to execute its data and AI-driven strategy, driving accelerated growth in its data analytics and digital operations and solutions segments.This provider of outsourcing services is expected to post quar ...
Why I'm Upgrading ExlService To A Strong Buy
Seeking Alpha· 2024-11-29 14:41
Robert F. Abbott has been investing his family’s accounts since 1995, and in 2010 added options, mainly covered calls and collars with long stocks. He is a freelance writer, and his projects include a website that provides information for new and intermediate-level mutual fund investors. A resident of Airdrie, Alberta, Canada, Robert has earned Bachelor of Arts and Master of Business Administration (MBA) degrees.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the co ...
ExlService Holdings (EXLS) Tops Q3 Earnings and Revenue Estimates
ZACKS· 2024-10-29 22:41
Company Performance - ExlService Holdings reported quarterly earnings of $0.44 per share, exceeding the Zacks Consensus Estimate of $0.41 per share, and up from $0.37 per share a year ago, representing an earnings surprise of 7.32% [1] - The company posted revenues of $472.07 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 2.18%, and an increase from $410.97 million year-over-year [2] - Over the last four quarters, ExlService Holdings has consistently surpassed consensus EPS and revenue estimates [2] Stock Performance - ExlService Holdings shares have increased approximately 25.6% since the beginning of the year, outperforming the S&P 500's gain of 22.1% [3] - The current consensus EPS estimate for the upcoming quarter is $0.43 on revenues of $473.43 million, and for the current fiscal year, it is $1.62 on revenues of $1.82 billion [7] Industry Outlook - The Outsourcing industry, to which ExlService Holdings belongs, is currently ranked in the bottom 22% of over 250 Zacks industries, indicating potential challenges ahead [8] - The performance of ExlService Holdings may be influenced by the overall outlook for the industry, as research shows that the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [8]
EXL Reports 2024 Third Quarter Results
GlobeNewswire News Room· 2024-10-29 20:01
2024 Third Quarter Revenue of $472.1 Million, up 14.9% year-over-year Reportable Segments Q3 Diluted EPS (GAAP) of $0.33, up 24.2% from $0.26 in Q3 of 2023 Q3 Adjusted Diluted EPS (Non-GAAP) (1) of $0.44, up 16.3% from $0.37 in Q3 of 2023 NEW YORK, Oct. 29, 2024 (GLOBE NEWSWIRE) -- ExlService Holdings, Inc. (Nasdaq: EXLS), a leading data analytics and digital operations and solutions company, today announced its financial results for the quarter ended September 30, 2024. Rohit Kapoor, chairman and chief exe ...
Is EXL Service (EXLS) Stock Outpacing Its Business Services Peers This Year?
ZACKS· 2024-10-21 14:46
Group 1 - ExlService Holdings (EXLS) has returned 31% year-to-date, outperforming the average return of 19.7% for the Business Services sector [2] - The Zacks Consensus Estimate for EXLS' full-year earnings has increased by 0.5% over the past three months, indicating improved analyst sentiment [2] - ExlService Holdings has a Zacks Rank of 2 (Buy), suggesting a positive earnings outlook [1] Group 2 - ExlService Holdings is part of the Outsourcing industry, which includes 12 companies and has an average gain of 22.5% this year, indicating EXLS's strong performance [3] - Futu Holdings Limited Sponsored ADR (FUTU) has significantly outperformed the sector with a year-to-date return of 70.7% [2] - The Technology Services industry, which includes Futu Holdings, has gained 36.1% since the beginning of the year [3]
Convex partners with EXL to accelerate operational excellence through data and technology
GlobeNewswire News Room· 2024-10-17 12:33
NEW YORK, Oct. 17, 2024 (GLOBE NEWSWIRE) -- EXL [NASDAQ: EXLS], a leading data analytics and digital operations and solutions company, was selected by Convex Group Limited ("Convex"), the international specialty insurer and reinsurer, for a multiyear engagement focused on accelerating delivery of its business operations. The program will improve efficiency and customer experience, delivering a more cost-effective, scalable and resilient operating model. As part of Convex's strategically differentiated appro ...
EXL Schedules Third Quarter 2024 Financial Results Conference Call
GlobeNewswire News Room· 2024-10-16 17:27
NEW YORK, Oct. 16, 2024 (GLOBE NEWSWIRE) -- ExlService Service Holdings, Inc. (NASDAQ: EXLS), a leading data analytics and digital operations and solutions company, will release financial results for the third quarter ended Sept. 30, 2024, on Tuesday, Oct. 29, 2024, after the market closes. An earnings news release, investor fact sheet and presentation will be published on the company's investor relations website offering an overview of the financial results. The company will host a conference call at 10:00 ...