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EXL Announces Q2 2022 Revenues Up 26.1% (Up 27.6% in CC) to $346.8m

Financial Results

by

published on Jul 28, 2022

EXL has announced Q2 2022 results, for the period ending June 30, 2022:

  • Revenues were $346.8m, up 26.1% y/y, up 27.6% in CC
  • EBIT was $40.4m, a margin of 11.7%, down 2.42 pts y/y.

Q2 2022 revenues (and CC revenue growth) by service line were:

  • Operations management: $185.5m (+15.0%), of which:
    • Insurance $108.6m (+15.9%)
    • Healthcare $23.1m (-18.4%)
    • Emerging Businesses $53.9m (+44.8%)
  • Analytics: $161m (+46.0%).

Q2 2022 revenue (and reported y/y revenue growth) by industry was:

  • Insurance: $141.9m (+15.4%)
  • Healthcare: $71.5m (+10.8%)
  • Emerging Businesses: $133.4m (+52.4%)

Q2 2022 estimated revenue and revenue growth by geography was:

  • U.S: $298.5m +26.9%
  • U.K: $32.1m  +22.6%
  • ROW: $16.2m +16.5%.

EXL added ten new clients in the quarter, seven in Operations Management and three in Analytics.

VendorEXL
Initial currency type (specify local currency used)US$
Period Ending2022-06-30
Growth26.1
Revenues ((m) in local currency346.8
Revenues (in $m at that date)346.8

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