Core Insights - ExlService Holdings, Inc. reported a revenue of $514.5 million for Q2 2025, reflecting a year-over-year increase of 14.7% [1][3] - The diluted EPS (GAAP) for Q2 2025 was $0.40, up 43.9% from $0.28 in Q2 2024, while the adjusted diluted EPS (Non-GAAP) was $0.49, a 20.3% increase from $0.40 in Q2 2024 [1][9] Financial Performance - Revenue for Q2 2025 increased to $514.5 million from $448.4 million in Q2 2024, marking a 14.7% growth on a reported basis and 14.6% on a constant currency basis [3][4] - Sequentially, revenue rose by 2.7% on a reported basis and 2.2% on a constant currency basis from Q1 2025 [3] - The operating income margin for Q2 2025 was 15.8%, compared to 13.7% in Q2 2024 and 15.7% in Q1 2025 [9] - Adjusted operating income margin for Q2 2025 was 19.6%, slightly down from 19.8% in Q2 2024 and 20.1% in Q1 2025 [9] Client and Market Developments - The company won 13 new clients in Q2 2025 [9] - ExlService was recognized as a World Economic Forum 2025 MINDS Winner for its AI-powered platform modernization solution, Code Harbor™ [9] - The company expanded its partnership with Databricks to deploy a generative AI-enabled solution for cloud modernization [9] Guidance and Future Outlook - The company raised its revenue guidance for 2025 to a range of $2.050 billion to $2.070 billion, up from the previous guidance of $2.035 billion to $2.065 billion, indicating a year-over-year growth of 12% to 13% [2][9] - Adjusted diluted EPS guidance for 2025 was also increased to a range of $1.86 to $1.90, representing a 13% to 15% increase over 2024 [2][9] Stock Repurchase Program - ExlService entered into an accelerated share repurchase agreement to repurchase $125 million of its common stock as part of a $500 million stock repurchase program [9]