Recent Updates — EXLS
ExlService Holdings, Inc. reported second quarter 2026 financial results with revenue of $594.8 million, a 15.6% increase year-over-year. Diluted EPS was $0.42, while adjusted diluted EPS rose 22.3% to $0.59. The company raised its full-year 2026 organic revenue growth guidance to 13%-14% and total revenue guidance to $2.390 billion-$2.415 billion, reflecting anticipated revenue from the iMerit acquisition expected to close on July 31, 2026. Adjusted diluted EPS guidance was increased to $2.25-$2.29. ExlService Holdings, Inc. operates in the global data and artificial intelligence services industry.
ExlService Holdings, Inc. through its subsidiary Clairvoyant AI, Inc. entered into a securities purchase agreement to acquire iMerit Inc. for $170 million in upfront cash, plus up to $140 million in cash incentives and earnouts over two years. The transaction is expected to close in the third quarter of 2026, subject to customary closing conditions. ExlService Holdings, Inc. provides data analytics and operations management services to global enterprise clients.