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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) 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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