EXL has announced Q1 2022 results, for the period ending March 31, 2021:
- Revenues were $329.2m, up 25.9% y/y, up 26.5% in CC
- EBIT was $44m, a margin of 13.4%, down 2.54 pts y/y.
Q1 2022 revenues (and CC revenue growth) by service line were:
- Operations management: $180.2m (+14.0%), of which:
- Insurance $103.3m (+13.3%)
- Healthcare $26.2m (-13.6%)
- Emerging Businesses $50.7m (+34.7%)
- Analytics: $149m (+46.0%).
Q1 2022 revenue (and reported y/y revenue growth) by industry was:
- Insurance: $135.7m (+14.6%)
- Healthcare: $69.5m (+11.7%)
- Emerging Businesses: $124m (+53.5%)
Q1 2022 estimated revenue and revenue growth by geography was:
- U.S: $282.4m +25.9%
- U.K: $32.8m +32.4%
- ROW: $14.1m +14.3%.
EXL added nineteen new clients in the quarter, ten in Operations Management and nine in Analytics.
| Vendor | EXL |
| Initial currency type (specify local currency used) | US$ |
| Period Ending | 2022-03-31 |
| Growth | 25.9 |
| Revenues ((m) in local currency | 329.2 |
| Revenues (in $m at that date) | 329.2 |