TaskUs Issues Statement
TaskUs, Inc. (Nasdaq: TASK) has responded to a recent short seller report, asserting that it contains inaccuracies aimed at harming the company's share price. The Board expresses confidence in TaskUs' strategy and value proposition, emphasizing their commitment to stakeholders. The company plans to disclose its Q4 and FY 2021 results, along with the FY 2022 outlook, in an upcoming earnings call. TaskUs offers outsourced digital services to disruptive technology firms and employs approximately 35,600 individuals across multiple global locations.
- Confidence in business strategy and future prospects.
- Upcoming Q4 and FY 2021 results announcement.
- Recent short seller report may impact share price perception.
NEW BRAUNFELS, Texas, Jan. 21, 2022 (GLOBE NEWSWIRE) -- TaskUs, Inc. (Nasdaq: TASK), a leading tech-enabled services provider to the world’s most innovative companies, issued the following statement:
The Company and Board are aware of the recent report published by a short seller, which contains numerous inaccuracies and mischaracterizations of our business and future prospects. After reviewing the report, we believe it is designed for the sole purpose of negatively impacting TaskUs’ share price for the short seller’s own benefit, at the expense of TaskUs teammates, clients and shareholders. We remain confident in our strategy, our value proposition and our ability to create value for all our stakeholders. We look forward to sharing our Q4 and FY 2021 results and FY 2022 outlook on our quarterly earnings call.
About TaskUs
TaskUs is a provider of outsourced digital services and next-generation customer experience to innovative and disruptive technology companies, helping its clients represent, protect and grow their brands. Leveraging a cloud-based infrastructure, TaskUs serves clients in the fastest-growing sectors, including social media, e-commerce, gaming, streaming media, food delivery and ridesharing, HiTech, FinTech and HealthTech. As of September 30, 2021, TaskUs had approximately 35,600 employees across twenty locations in the United States, the Philippines, India, Mexico, Taiwan, Greece, Ireland and Colombia.
Investor Contact
Alan Katz, VP, Investor Relations
IR@TaskUs.com
Media Contact
Jon Keehner / Tanner Kaufman
Joele Frank, Wilkinson Brimmer Katcher
(212) 355-4449
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