ExlService Holdings: Well Positioned To Ride On The AI Tailwind

EXLS is in the business of offering offshore business processing outsourcing [BPO] and analytics solutions to customers, mainly in the insurance (42% of net revenue) and healthcare (22% of net revenue) verticals. The business also offers data analytics solutions to help drive insights for customers better decision-making. The primary business units (segments) are BPO and analytics. 1Q24 earnings (announced on 2nd May) EXLS reported 1Q24 revenue of $436.5 million, beating consensus estimate of $425.7 million ...