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EXL promotes seasoned insurance executive Raghav Jaggi
Globenewswire· 2025-12-22 21:54
NEW YORK, Dec. 22, 2025 (GLOBE NEWSWIRE) -- EXL [NASDAQ: EXLS], a global data and AI company, announced the promotion of Raghav Jaggi to Executive Vice President, Insurance Practice Leader, recognizing his exceptional leadership, strategic vision and more than two decades of contributions to EXL’s growth and success. Raghav joined EXL in 2003 and has since held multiple leadership roles across the organization. He was part of some early teams that helped build and scale EXL’s core business capabilities and ...
EXL secures Great Place to Work® Certification™ in India for 2025
Globenewswire· 2025-12-19 14:20
Core Insights - EXL has received the Great Place to Work® Certification™ in India, with 82% of employees considering it a great workplace [1][3] Company Overview - EXL is a global data and AI company that provides services to transform client business models and drive growth, operating in various industries including insurance, healthcare, banking, and retail [4] - Founded in 1999, EXL is headquartered in New York and employs approximately 63,000 people across six continents [4] Employee Experience - The Great Place to Work® Certification™ is based on employee feedback, emphasizing a high-trust workplace environment [5][6] - Employees at certified workplaces are 4.5 times more likely to find a great boss and 93% more likely to look forward to coming to work [3] Recognition and Impact - The certification reflects EXL's commitment to a people-first culture, focusing on employee growth, well-being, and an inclusive workplace [3] - Great Place to Work® Certification™ is recognized globally and serves as a benchmark for outstanding employee experience [5][6]
Further and Behr Paint Company Win New Product of the Year Award for Collaboration on ChatHUE™
Globenewswire· 2025-12-16 14:00
Atlanta, Dec. 16, 2025 (GLOBE NEWSWIRE) -- Today, Further, a leading data, cloud, and AI company focused on helping companies turn raw data into the right decisions, announced it has been named a winner in the New Product of the Year category at the 2025 BIG Awards for Business for its work with Behr Paint Company on ChatHUE™, a new paint color selection generative AI tool. This recognition highlights Further’s commitment to innovation and its contributions to advancing artificial intelligence that unlocks ...
EXL Announces Share Repurchase of 1,551,970 Shares
Globenewswire· 2025-12-15 21:01
NEW YORK, Dec. 15, 2025 (GLOBE NEWSWIRE) -- EXL [NASDAQ: EXLS], a global data and AI company, announced that on December 15, 2025 it repurchased 1,551,970 shares of the Company’s common stock from Orogen Echo LLC (“Orogen”), an affiliate of The Orogen Group LLC, for an aggregate purchase price of $63,373,143, based on a purchase price per share of $40.834, which is the volume weighted average price over the 5 days prior to settlement. The shares were privately repurchased from Orogen under a Stock Purchase ...
EXL completes migration of LifePRO Digital Suite® platforms to AWS
Globenewswire· 2025-12-11 13:47
Core Insights - EXL has successfully migrated its LifePRO Digital Suite® platforms to Amazon Web Services (AWS), highlighting its commitment to modernizing the life and annuity industry and enhancing collaboration with AWS [1][2][3] Migration Benefits - The migration to AWS offers EXL clients a secure, scalable, and resilient infrastructure that facilitates faster innovation and greater flexibility [2] - By utilizing Amazon Bedrock and Kendra, EXL enhances performance, reduces operational costs, and accelerates the deployment of new features within the LifePRO Digital Suite ecosystem [2][3] Platform Enhancements - The migration strengthens EXL's LifePRO Digital Suite, which supports the next generation of life and annuity products, powering policy administration for millions of policies [3] - The cloud-based implementation allows carriers to meet industry demands for unified digital environments and scalable infrastructure, enabling real-time data exchange and straight-through processing [3] Collaboration with AWS - EXL's partnership with AWS combines domain expertise with advanced cloud capabilities, including AI/ML services and analytics, to help insurers innovate and personalize customer experiences [4] - New capabilities being developed include API-driven integrations, AI/ML-based underwriting support, and advanced analytics to provide deeper business insights [4] Company Overview - EXL is a global data and AI company that transforms businesses across various industries, including insurance, healthcare, and banking, with a workforce of approximately 63,000 employees [6]
Data and AI Leader EXL to host ‘IdeaTank’ innovation event at the Nasdaq MarketSite
Globenewswire· 2025-11-25 19:26
Core Insights - EXL is hosting its second annual IdeaTank event on December 8, 2025, at the Nasdaq MarketSite, showcasing innovation and AI-driven solutions from its global employee base [2][4] - The 2025 IdeaTank has received over 11,000 submissions, marking a seven-fold increase from the previous year, highlighting the growing engagement and creativity within the company [3][5] - Winning ideas from the IdeaTank will receive funding and development resources to enhance EXL's capabilities and client solutions [2][5] Company Overview - EXL is a global data and AI company that focuses on transforming business models and driving growth through innovative solutions across various industries, including insurance, healthcare, and banking [8] - The company was founded in 1999 and has approximately 63,000 employees worldwide, emphasizing core values such as innovation, collaboration, and excellence [8] Event Highlights - The IdeaTank event will feature Robert Herjavec, a recognized entrepreneur, who will engage with finalists and discuss entrepreneurship and innovation [4][6] - This year's submissions cover a wide range of themes, including AI applications in medical data and enhancements to existing EXL capabilities [5] - Finalists will have the opportunity to pitch their ideas in person, receiving strategic support and mentorship to bring their concepts to fruition [5][6]
EXL named a Leader in Everest Group's 2025 Clinical and Care Management Operations PEAK Matrix® Assessment
Globenewswire· 2025-11-20 13:23
Core Insights - EXL has been recognized as a Leader in the Everest Group's Clinical and Care Management (CCM) Operations PEAK Matrix® Assessment 2025 report, highlighting its strong position in the healthcare sector [1][2] Group 1: Company Recognition - The Everest Group evaluated 20 leading CCM operations providers, and EXL was noted for its embedded data and AI capabilities, flexible engagement model, and ability to deliver workflow improvements through technology-driven insights [2][3] - This recognition affirms EXL's vision and execution in assisting clients to achieve their goals in a complex healthcare landscape [3] Group 2: Industry Challenges - The healthcare industry is facing rising care complexity, workforce constraints, and financial risk exposure, which are increasing pressure on payers and providers [3] - As value-based care adoption accelerates, there is a growing demand for solutions that incorporate predictive risk modeling, generative AI, and intelligent automation to enhance patient outcomes and optimize clinician productivity [3] Group 3: EXL's Solutions - EXL addresses industry challenges by embedding data and AI across care management, unifying data, and orchestrating utilization and case management workflows to expedite decision-making and close care gaps [2][3] - The company's flexible engagement model, global delivery network, and clinically trained teams enhance its capabilities in population health and quality improvement [2][3] Group 4: Evaluation Framework - The Everest Group's PEAK Matrix® framework measures market impact and successful solution delivery, classifying service providers into Leaders, Major Contenders, and Aspirants based on their market adoption, service scope, innovation, and delivery footprint [2]
EXL named a Leader in Everest Group’s 2025 Clinical and Care Management Operations PEAK Matrix® Assessment
Globenewswire· 2025-11-20 13:23
Core Insights - EXL has been recognized as a Leader in the Everest Group's Clinical and Care Management (CCM) Operations PEAK Matrix® Assessment 2025 report, highlighting its strong position in the healthcare sector [1][2] Company Overview - EXL is a global data and AI company that provides services and solutions aimed at transforming client business models and enhancing outcomes [7][8] - The company employs approximately 63,000 individuals across six continents, focusing on various industries including healthcare, insurance, banking, and retail [8] Industry Context - The healthcare industry is facing increasing complexity due to rising care demands, workforce constraints, and financial risks, which are driving the need for innovative solutions [3] - There is a growing demand for partners that can automate labor-intensive tasks and provide clinically-informed insights to improve patient outcomes and reduce costs [3][2] Recognition and Capabilities - The Everest Group report evaluated 20 leading CCM operations providers, with EXL being recognized for its embedded data and AI capabilities, flexible engagement model, and ability to enhance workflow through technology-driven insights [2][3] - EXL's care management solutions unify data and streamline workflows, addressing challenges such as fragmented data and staffing shortages in healthcare [3][2] Evaluation Framework - The Everest Group's PEAK Matrix® assesses organizations based on their market impact and ability to deliver solutions, categorizing providers into Leaders, Major Contenders, and Aspirants [2]
Here’s What the Wall Street Thinks About ExlService Holdings (EXLS)
Yahoo Finance· 2025-11-13 18:38
Core Insights - ExlService Holdings, Inc. (NASDAQ:EXLS) is recognized as one of the best mid-cap tech stocks to buy, with analysts maintaining a positive outlook despite a slight reduction in price target from $52 to $49 by J.P. Morgan [1][2] - The company reported strong fiscal Q3 2025 results, exceeding revenue and EPS estimates, with revenue growing 12% year-over-year to $530 million and EPS rising 11% to $0.48 [2][3] - Management attributes growth to a 9% increase in the Insurance segment, driven by clients transitioning to AI-powered operations, with 56% of total revenue derived from data and AI solutions [2][3] Financial Performance - Fiscal Q3 2025 results showed revenue of $530 million, surpassing estimates by $7.13 million, and EPS of $0.48, exceeding estimates by $0.01 [2] - Full-year revenue guidance was raised to a range of $2.07 billion to $2.08 billion, up from the previous range of $2.050 billion to $2.07 billion [3] Revenue Composition and Growth Drivers - Over 75% of the company's revenue is recurring, indicating a stable revenue base [3] - Continued growth is expected in the Insurance and Healthcare and Life Sciences segments, fueled by increased adoption of AI workflows [3][4] - Analyst Bryan Bergin anticipates ongoing revenue growth as clients become more comfortable with Generative AI and agentic scaling [4]
EXL Reports 2025 Third Quarter Results
Globenewswire· 2025-10-28 20:01
Core Insights - ExlService Holdings, Inc. reported a revenue of $529.6 million for Q3 2025, reflecting a year-over-year increase of 12.2% [1][3] - The diluted EPS (GAAP) for Q3 2025 was $0.36, up 10.7% from $0.33 in Q3 2024, while the adjusted diluted EPS (Non-GAAP) was $0.48, an increase of 10.8% from $0.44 in Q3 2024 [1][6] Financial Performance - Revenue for Q3 2025 increased to $529.6 million from $472.1 million in Q3 2024, marking a 12.2% growth on a reported basis and 12.3% on a constant currency basis [3] - Sequentially, revenue rose by 2.9% on a reported basis and 3.1% on a constant currency basis from Q2 2025 [3] - The operating income margin for Q3 2025 was 14.4%, compared to 14.7% in Q3 2024 and 15.8% in Q2 2025 [4][6] Guidance and Future Outlook - The company raised its full-year guidance for revenue to between $2.07 billion and $2.08 billion, indicating a year-over-year growth of 13% [2][12] - Adjusted diluted EPS guidance was increased to a range of $1.88 to $1.92, representing a 14% to 16% increase over 2024 [2][12] Business Highlights - ExlService won 21 new clients in Q3 2025 and launched EXLdata.ai in partnership with Databricks, aimed at addressing enterprise data readiness for AI [12] - The company was recognized as a Market Leader in the HFS Research Horizon Insurance Services 2025 report and as a Leader in Everest Group's Healthcare Data, Analytics and AI Services PEAK Matrix® 2025 [12] Segment Performance - Revenue from the Insurance segment was $180.5 million in Q3 2025, up from $166.4 million in Q3 2024 [4] - The Healthcare and Life Sciences segment generated $135.3 million, compared to $111.2 million in the same quarter last year [4] - Banking, Capital Markets, and Diversified Industries segment revenue was $121.0 million, up from $108.3 million in Q3 2024 [4]