Revenue Update on ExlService Holdings(NASDAQ:EXLS)

ExlService Holdings(NASDAQ:EXLS) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Jul 28, 2016. Company reported revenue of $170.48M. Analysts estimated a revenue of $170.65M. Earnings per share were $0.55. Analysts had estimated an EPS of $0.53.

In a different note, On May 27, 2016, Citigroup said it Maintains its rating on ExlService Holdings. In the research note, the firm Raises the price-target to $56.00 per share. The shares have been rated ‘Buy’ by the firm.

ExlService Holdings (EXLS) made into the market gainers list on Thursdays trading session with the shares advancing 0.71% or 0.36 points. Due to strong positive momentum, the stock ended at $51.14, which is also near the day’s high of $51.2. The stock began the session at $50.58 and the volume stood at 1,83,135 shares. The 52-week high of the shares is $54.78 and the 52 week low is $34.024. The company has a current market capitalization of $1,713 M and it has 3,34,99,648 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Jul 14, 2016, Vishal Chhibbar (EVP & CFO) sold 4,500 shares at $54.00 per share price.Also, On Jun 2, 2016, Villa Rembert De (EVP) sold 5,000 shares at $51.81 per share price.On Apr 27, 2016, Nancy Saltzman (EVP & Gen. Counsel/Corp.Sec’y.) sold 2,521 shares at $50.44 per share price, according to the Form-4 filing with the securities and exchange commission.

ExlService Holdings Inc. (EXL) provides business process solutions. The Company’s business is divided into two reporting segments: Operations Management (previously Outsourcing Services) and Analytics and Business Transformation (previously Transformation Services). It provides Operations Management solutions to sectors including insurance healthcare utilities banking and financial services and travel transportation and logistics sectors as well as cross-industry operations management solutions such as finance and accounting services. Its Analytics and Business Transformation services include its Analytics Operations Consulting and Finance Transformation services. Its global delivery network spreads across the United States Europe and Asia. It operates 19 operations centers in India six operations centers in the United States five operations centers in the Philippines and one operations center in each of Bulgaria Romania and the Czech Republic.

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