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EXL Announces Q2 2021 Revenues Up 23.6% (Up 22.3% in CC) to $275.1m

Financial Results

by

published on Jul 29, 2021

EXL has announced Q2 2021 results, for the period ending June 30, 2021:

  • Revenues were $275.1m, up 23.6% y/y, up 22.3% in CC
  • EBIT was $35.8m, a margin of 13.0%, up 8.6 pts y/y.

Q2 2021 revenues (and CC revenue growth) by service line were:

  • Operations management: $163.7m (+14.9%), of which:
    • Insurance $94.7m (+14.9%)
    • Healthcare $28.3m (+13.1%)
    • Emerging Businesses $40.7m (+16.2%)
  • Analytics: $111.4m (+35.1%).

Q2 2021 revenue (and reported y/y revenue growth) by industry was:

  • Insurance: $123.0m (+22.1%)
  • Healthcare: $64.5m (+20.6%)
  • Emerging Businesses: $87.5m (+28.2%)

Q2 2021 estimated revenue and revenue growth by geography was:

  • U.S: $253.3m +4.9%
  • U.K: $26.2m -+5.8%
  • ROW: $13.9m +12.8%.

EXL added sixteen new clients in the quarter, ten in Operations Management and six in Analytics.

 

VendorEXL
Initial currency type (specify local currency used)US$
Period Ending2021-06-30
Growth23.6
Revenues ((m) in local currency275.1
Revenues (in $m at that date)275.1

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