ExlService Holdings, Inc. (NASDAQ: EXLS), a leading provider of outsourcing and transformation services, today announced its financial results for the fourth quarter of 2009 and the year ended December 31, 2009.
Highlights – Fourth Quarter 2009 and Year Ended December 31, 2009
- Revenues for the year ended December 31, 2009 increased 5.1% to $191.0 million compared to $181.7 million in the year ended December 31, 2008
- Gross margin for the year ended December 31, 2009 was 42.7% and for the quarter ended December 31, 2009 was 48.8%
- Operating margin for the year ended December 31, 2009 was 12.8%
- Diluted earnings per share from continuing operations for the year ended December 31, 2009 was $0.54 and for the quarter ended December 31, 2009 was $0.25
Fiscal Year 2010 Outlook
Based on current visibility, the Company is providing the following guidance for calendar year 2010 based on current exchange rates:
- Revenues of between $225 million to $230 million
- Adjusted operating margin, excluding the impact of stock-based compensation expense and amortization of intangibles, of between 12.0% to 14.0%
http://ir.exlservice.com/releasedetail.cfm?ReleaseID=450672