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IBEX Limited 2026 Q2 - Results - Earnings Call Presentation (NASDAQ:IBEX) 2026-02-06
Seeking Alpha· 2026-02-06 05:02
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IBEX(IBEX) - 2026 Q2 - Earnings Call Transcript
2026-02-05 22:32
Financial Data and Key Metrics Changes - The company reported headline revenue growth of 17% and adjusted EPS growth of 46% in Q2 FY 2026, with revenue reaching $164.2 million, up 16.7% from $140.7 million in the prior year quarter [4][13] - Net income increased to $12.2 million from $9.3 million in the prior year quarter, driven by growth in higher margin offshore regions and reduced SG&A expenses as a percentage of revenue [16][17] - Fully diluted EPS rose to $0.83, a 45% increase from $0.57 in the prior year quarter, supported by strong operating performance and fewer diluted shares outstanding [17][19] Business Line Data and Key Metrics Changes - Revenue growth was primarily driven by the health tech vertical, which grew by 35.1%, travel, transportation, and logistics by 20.2%, and retail and e-commerce by 17.2% [14] - The telecommunications vertical saw a decline of 23.1%, marking it as one of the smallest verticals [15] - Health tech now accounts for 17.4% of total revenue, up from 15.1% in the prior year quarter, while telecommunications decreased to 8.7% from 13.1% [20][21] Market Data and Key Metrics Changes - Offshore revenues grew by 16.2% compared to the prior year quarter, comprising 52.3% of total revenue, while onshore revenues expanded to 24% of total revenue from 22% [15][16] - The company continues to win and grow in all geographic markets, with a focus on higher-margin offshore delivery locations positively impacting bottom-line results [15] Company Strategy and Development Direction - The company is focused on expanding its AI capabilities and strategic investments in high-margin verticals, positioning itself as a leader in AI-powered customer experience [9][10] - The recent promotion of Mike Darwal to Chief AI and Digital Officer reflects the company's commitment to enhancing its AI leadership [10][12] - The company aims to maintain a structurally sound business model with a focus on market-leading growth, expanding margins, and strong cash flow generation [11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to maintain momentum in the second half of FY 2026, with expectations to raise revenue and adjusted EBITDA guidance [25][26] - The company anticipates a more consistent revenue flow throughout the fiscal year, moving away from historical seasonal spikes [33] Other Important Information - The company achieved a record adjusted EBITDA of $20.7 million, or 12.6% of revenue, reflecting growth in higher-margin offshore locations and services [18][25] - Capital expenditures increased to $11.7 million, or 7.1% of revenue, driven by expansion in offshore regions [22][23] Q&A Session Summary Question: Demand and impact of AI on the industry - Management highlighted that the company has established itself as an AI leader, which aids in winning new clients and enhances operational execution, contributing to market share growth [28][30] Question: Changes in revenue patterns due to business mix - Management noted that the mix shift towards higher-margin verticals may lead to a more consistent revenue flow throughout the year, reducing the historical seasonal decline [32][34] Question: Gross margins and operating expenses - Management acknowledged that while gross margins have decreased year-over-year, SG&A expenses are growing at a slower rate than revenue, indicating operational efficiency [35][36]
IBEX(IBEX) - 2026 Q2 - Earnings Call Transcript
2026-02-05 22:32
IBEX (NasdaqGM:IBEX) Q2 2026 Earnings call February 05, 2026 04:30 PM ET Company ParticipantsBob Dechant - CEO and DirectorGreg Bradbury - Head of Investor RelationsTaylor Greenwald - CFOConference Call ParticipantsDavid Koning - Senior Research AnalystOperatorWelcome to the ibex second quarter FY 2026 earnings conference call. At this time, all participants are in a listen-only mode. Please be advised that today's conference is being recorded. After the speaker's presentation, there will be a question-and- ...
IBEX Q2 Earnings Call Highlights
Yahoo Finance· 2026-02-05 22:30
Management attributed the quarter’s revenue growth primarily to strength in several verticals and services. Taylor said growth was driven “predominantly” by:On a non-GAAP basis, adjusted EBITDA rose to a record $20.7 million , or 12.6% of revenue, compared with $16.5 million , or 11.8% , in the prior-year quarter. Adjusted net income increased to $12.8 million from $9.6 million , and adjusted diluted EPS increased to $0.87 from $0.59 .CFO Taylor (as introduced on the call) said results included record reven ...
IBEX(IBEX) - 2026 Q2 - Earnings Call Transcript
2026-02-05 22:30
IBEX (NasdaqGM:IBEX) Q2 2026 Earnings call February 05, 2026 04:30 PM ET Speaker3Welcome to the ibex second quarter FY 2026 earnings conference call. At this time, all participants are in a listen-only mode. Please be advised that today's conference is being recorded. After the speaker's presentation, there will be a question-and-answer session. To ask a question, please press star one one on your telephone and wait for your name to be announced. To withdraw your question, please press star one one again. T ...
IBEX(IBEX) - 2026 Q2 - Earnings Call Presentation
2026-02-05 21:30
Built for what's next. ibex Q2 FY2026 Earnings Call February 5, 2026 Bob Dechant, CEO Disclaimer This presentation includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this presentation, other than statements of historical facts, are forward-looking statements. The words "believe," "estimate," "expect," "may," "will" and similar expressions are intended to identify forward-looking statements. Such forward- looking stateme ...
IBEX(IBEX) - 2026 Q2 - Quarterly Report
2026-02-05 21:23
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________ FORM 10-Q _______________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2025 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from_____________to______________ Commission File Number: 001-38442 _______________________ IB ...
IBEX(IBEX) - 2026 Q2 - Quarterly Results
2026-02-05 21:16
Exhibit 99.1 IBEX Reports Record Quarterly Revenue and EPS, Raises Fiscal Year Guidance WASHINGTON, DC— February 5, 2026 —IBEX Limited ("ibex"), a leading provider in global business process outsourcing and end-to-end customer engagement technology solutions, today announced financial results for its second fiscal quarter ended December 31, 2025. Non-GAAP adjusted EBITDA Cash Flow and Balance Sheet | | | | | Three Months Ended December 31, | | | | | Six Months Ended December 31, | | | | --- | --- | --- | -- ...
IBEX Reports Record Quarterly Revenue and EPS, Raises Fiscal Year Guidance
Globenewswire· 2026-02-05 21:05
Record second quarter Revenue, Adjusted EBITDA, EPS, and Adjusted EPSRevenue grew 17% versus prior year quarter, fourth consecutive quarter of double-digit growthEPS grew 45% year-over-year to $0.83 and adjusted EPS grew 46% to $0.87Raises Fiscal Year Revenue and Adjusted EBITDA Guidance WASHINGTON, Feb. 05, 2026 (GLOBE NEWSWIRE) -- IBEX Limited (“ibex”), a leading provider in global business process outsourcing and end-to-end customer engagement technology solutions, today announced financial results for i ...
ibex Ranked Top 10 Best Places to Work for Service Professionals in the Caribbean and Central America
Globenewswire· 2026-01-28 14:00
ibex Nicaragua Has Earned Five Great Place to Work Certifications, Underscoring Its World-Class Workplace Culture and Employee Experience ibex Ranked Top 10 Best Workplaces for Service Professionals in the Caribbean and Central America Recognition underscores ibex’s industry-leading culture and world-class employee experience MANAGUA, Nicaragua, Jan. 28, 2026 (GLOBE NEWSWIRE) -- ibex (NASDAQ: IBEX), a leading global provider of business process outsourcing (BPO) and AI-powered customer engagement technol ...