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WNS (Holdings) Ltd (WNS), a global leader in business process management, provides this centralized hub for tracking corporate developments and operational milestones. This resource aggregates official press releases, financial disclosures, and strategic updates essential for understanding the company's market position.
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Bookmark this page to monitor how WNS leverages its global delivery network and process optimization expertise across 50+ worldwide locations. Regular updates ensure stakeholders stay informed about initiatives impacting client operations and shareholder value.
WNS (Holdings) Limited (NYSE: WNS) announced the acquisition of The Smart Cube and OptiBuy to enhance its Business Process Management solutions. The transaction, valued at $125 million for The Smart Cube and €30 million for OptiBuy, aims to boost WNS's capabilities in procurement and analytics. With expected revenue additions of $9 million and $2 million respectively in fiscal 2023, The Smart Cube's acquisition is projected to be slightly dilutive to earnings per share, while OptiBuy's is expected to be neutral. WNS funded these acquisitions through cash and long-term debt.
WNS (Holdings) Limited (NYSE: WNS) reported a robust second quarter for fiscal 2023, with revenue of $307.1 million, up 12.2% year-over-year and 4.0% sequentially. Profit increased to $33.2 million, while adjusted net income reached $46.6 million. Notably, the company added nine new clients and expanded 21 existing relationships. WNS updated its fiscal 2023 guidance, projecting revenue less repair payments between $1,110 million and $1,150 million, and adjusted diluted earnings per ADS in the range of $3.68 to $3.87.
WNS (Holdings) Limited, a prominent Business Process Management provider, will release its fiscal 2023 Q2 results on October 20, 2022, at approximately 6:00 a.m. Eastern. The management team, including CEO Keshav Murugesh, CFO Sanjay Puria, and COO Gautam Barai, will conduct a conference call at 8:00 a.m. the same day to discuss the results for the quarter ending September 30, 2022. Investors can join the call through their investor relations website or by registering for a dial-in number.
WNS (Holdings) Limited (NYSE: WNS) has announced a strategic partnership with Actuarial Risk Management, Ltd. (ARM), enhancing its Business Process Management (BPM) solutions. This collaboration allows ARM to provide WNS’ offshore actuarial services and end-to-end insurance capabilities, leveraging ARM’s team of 250 credentialed actuaries. The partnership aims to help insurers improve scalability and respond to evolving market conditions, addressing challenges such as rising risks and regulation.
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