Welcome to our dedicated page for ExlService Holdings news (Ticker: EXLS), a resource for investors and traders seeking the latest updates and insights on ExlService Holdings stock.
ExlService Holdings, Inc. (NASDAQ: EXLS) is a leading global provider of business process solutions, leveraging its expertise in data analytics, artificial intelligence (AI), and machine learning (ML) to drive business impact. Founded in 1999 and headquartered in New York, EXL operates with over 54,000 professionals across the United States, Europe, and Asia.
EXL offers an array of services through four primary segments: Insurance, Healthcare, Emerging, and Analytics. The company specializes in operations management, decision analytics, and technology platforms, serving a diverse client base that includes industries such as insurance, healthcare, banking, financial services, utilities, and transportation. EXL works as a strategic partner to help clients streamline their operations, improve corporate finance, manage compliance, and create new growth channels.
EXL's commitment to innovation is evident in its AI-driven approach and digital transformation initiatives. The company provides business process outsourcing and automation services, delivering data-driven insights that enable clients to make informed decisions and enhance their operational efficiency. More than half of EXL's revenue is derived from its Analytics segment, underscoring its robust capacity in data analytics and AI.
In recent developments, EXL has announced a $500 million common stock repurchase program effective March 1, 2024, reflecting its confidence in sustaining growth and generating significant free cash flow. This initiative aligns with EXL's broader capital allocation strategy, aiming to maximize shareholder value while fostering innovation.
EXL is widely recognized for its industry-leading capabilities, having been named a top performer in Everest Group’s Analytics and AI Services Specialists PEAK Matrix® Assessment. The company's strategic partnerships, like the one with Quilt.AI, bolster its ability to offer advanced AI and data analytics solutions, helping clients gain deeper consumer insights and improve their market responsiveness.
For more information, visit www.exlservice.com.
EXL Achieves Recognition for Data Solutions
On January 27, 2022, EXL (NASDAQ: EXLS) announced it has been named a top provider in the data and analytics sector in HFS Research's 2021 OneOffice™ Services Top 10. This ranking places EXL in the report's ‘Winners Circle,’ highlighting its capabilities in execution, innovation, and customer feedback. The company excelled particularly in customer ratings for aspects such as size, speed, and delivery cost. Additionally, EXL has been rapidly enhancing its data and AI capabilities following its acquisition of Clairvoyant.
ExlService Holdings, Inc. (EXLS) will announce its financial results for the fourth quarter and full year of 2021 on February 24, 2022, prior to market opening. The results will be discussed in a conference call at 10:00 a.m. (ET) the same day. Investors can access the call live via the company's website or through a phone line for US and international participants. EXL is a global analytics and digital solutions provider, focusing on improving business outcomes across various industries, including insurance and healthcare.
EXL (NASDAQ: EXLS), a leading analytics and digital solutions company, has been recognized for the third consecutive year as a Leader and Star Performer in Everest Group's Life and Pensions Insurance BPS/TPA PEAK Matrix® Assessment 2022. This distinction reflects EXL's substantial growth in analytics and digital solutions, particularly in North America, and its expansion in large-size buyer markets. The assessment underscores EXL's investment in modern core platforms and AI-led solutions, positioning the company for future growth opportunities in the evolving insurance landscape.
EXL (NASDAQ: EXLS) has been recognized as a Leader in Payer Digital Transformation Services in the ISG Provider Lens™ Healthcare Digital Services Report for 2021. The report highlights EXL's strong technology and AI-driven capabilities, bolstered by its extensive industry experience. Additionally, EXL earned the title of Product Challenger in several categories, including Healthcare Cloud Migration Services. Analysts noted that EXL's focus on analytics empowers clients to enhance workflows and member engagement, positioning the company at the forefront of innovation in healthcare digital solutions.
EXL (NASDAQ: EXLS) announces the appointment of Jennifer Lemming as Chief Marketing Officer effective immediately. Lemming will focus on accelerating EXL's data-driven transformation agenda, leveraging advanced analytics, AI, and digital capabilities. With extensive experience, she previously held senior roles at LexisNexis and Yahoo!. EXL expects her expertise to facilitate new growth opportunities for its clients. The company is expanding its analytics and digital capabilities to meet increasing project complexity and client demands.
EXL (NASDAQ: EXLS) has been recognized as a leader in all six categories of the NelsonHall 2021 Life, Annuities, and Pension Operations Transformation Report. The company is celebrated for its advanced digital solutions that utilize artificial intelligence and natural language processing, enhancing operational efficiency in the insurance sector. EXL's innovations support digital transformation, straight-through processing capabilities, and real-time analytics. This acknowledgment highlights EXL's commitment to improving customer experiences and operational capabilities within the life and pension markets.
EXL Announces Acquisition of Clairvoyant
EXL (NASDAQ: EXLS) has acquired Clairvoyant, enhancing its data-driven strategy with additional capabilities in data engineering and cloud services. This acquisition aims to bolster EXL’s analytics business, offering clients improved decision-making and digital transformation solutions. Clairvoyant, founded in 2012 and recognized for its rapid growth, will contribute its expertise to enhance EXL’s offerings in industries such as insurance, healthcare, and banking. The transaction is expected to positively impact EXL's adjusted diluted EPS in 2022.
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