Welcome to our dedicated page for WNS (Holdings) news (Ticker: WNS), a resource for investors and traders seeking the latest updates and insights on WNS (Holdings) stock.
WNS (Holdings) Limited (NYSE: WNS) is a leading global business process management (BPM) company that offers a diverse range of services to over 200 clients worldwide. Known for its operational excellence and deep domain expertise in key industry verticals, WNS serves sectors such as travel, insurance, banking and financial services, manufacturing, retail and consumer packaged goods, shipping and logistics, healthcare, and utilities.
WNS provides a comprehensive suite of BPM services, including finance and accounting, customer care, technology solutions, research and analytics, and both back-office and front-office processes tailored to specific industries. The company employs over 29,830 professionals across 37 delivery centers in various countries, including China, Costa Rica, India, the Philippines, Poland, Romania, South Africa, Sri Lanka, the UK, and the US.
As a strategic partner, WNS focuses on managing complex processes that significantly impact clients' bottom lines. The company adopts an end-to-end vertical approach to service delivery and leverages technology-led BPM solutions. This has positioned WNS as a trusted partner for business transformation and operational efficiency.
WNS operates through multiple segments, including Banking/Financial Services and Insurance; Travel, Shipping/Logistics, and Utilities; Manufacturing/Retail/Consumer, Hi-tech/Professional Services, and Procurement; and Healthcare/Life Sciences. Geographically, the majority of the company's revenue comes from North America, primarily the US, followed by the UK. WNS also maintains a presence in Australia, Europe (excluding the UK), and South Africa.
WNS (Holdings) Limited (NYSE: WNS) reported its fiscal 2023 Q3 results, achieving revenue of $306.9 million, marking an 8.0% year-over-year increase but a slight decline of 0.1% from the previous quarter. Profit rose to $34.7 million, compared to $34.3 million last year. Non-GAAP revenue less repair payments was $292.9 million, a 12.2% increase year-over-year. Adjusted diluted EPS reached $1.01, up from $0.88 in Q3 last year. The company added 11 new clients and anticipates revenue less repair payments of $1,146 million to $1,158 million for FY 2023. Updated ANI guidance is $193 million to $197 million.
WNS (Holdings) Limited (NYSE: WNS) will release its fiscal 2023 third-quarter financial results on January 19, 2023, at 6:00 a.m. Eastern. A teleconference will follow at 8:00 a.m. Eastern, featuring CEO Keshav Murugesh, CFO Sanjay Puria, and COO Gautam Barai discussing the results for the quarter ending December 31, 2022. Investors can access the call via the company’s investor relations website and are encouraged to register online for dial-in details. WNS specializes in Business Process Management, providing digital solutions across various industries with a workforce of over 57,500 worldwide.
WNS (Holdings) Limited (NYSE: WNS) announced the retirement of Michael Menezes and Gareth Williams from the Board of Directors, effective December 31, 2022. Both have served the board for nine years, the maximum term according to company guidelines. Jason Liberty, an existing board member, will replace Menezes as Chairperson of the Audit Committee, while Lan Tu will take over from Williams as Chairperson of the Compensation Committee from January 1, 2023. The board expressed gratitude for the contributions of the retiring members towards corporate governance and company success.
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.
FAQ
What is the current stock price of WNS (Holdings) (WNS)?
What is the market cap of WNS (Holdings) (WNS)?
What services does WNS (Holdings) Limited offer?
Which industries does WNS serve?
Where is WNS headquartered?
How many professionals does WNS employ?
What is the main revenue source for WNS?
What is WNS's approach to service delivery?
Does WNS have a presence outside the US and UK?
What makes WNS a strategic partner for its clients?
How does WNS ensure operational excellence?
Does WNS offer technology solutions?
