New York February 15 2022: IBEX Limited (“ibex”) (Nasdaq: IBEX), a leading global provider of business process outsourcing (BPO) and customer engagement technology solutions, today announced that it will report second quarter fiscal year 2022 financial results after the market close tomorrow on Wednesday, February 16, 2022.
Stock share price gained $0.17 (1.33%) to level of $12.93 in today trading session at NASDAQ.
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TRGI still have USD 85 million for purchase of TRG shares: PSX
IBEX Limited (IBEX) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended December 2021. This widely-known consensus outlook gives a good sense of the company’s earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.
Based on analyst consensus, the company is expected to post quarterly earnings of $0.28 per share in its upcoming report, which represents a year-over-year change of -15.2%.
Revenues are expected to be $120.64 million, up 3% from the year-ago quarter.
First Quarter Key Highlights
• Revenue was flat year over year at $108.6 million
• Net income increased $6.4 million year over year
• 34% growth from new clients won since FY16, now up to 62% of quarterly revenues
• Continued strength in our new logo engine with 9 key wins, driving double digit revenue growth in the second half of fiscal year 2022
• Continued 100% retention of our top 20 clients
• Strong balance sheet with $54.0 million cash and cash equivalents
• Reaffirmed guidance for our fiscal year 2022 revenue and adjusted EBITDA
About ibex: ibex delivers innovative business process outsourcing (BPO), smart digital marketing, online acquisition technology, and end-to-end customer engagement solutions to help companies acquire, engage, and retain valuable customers. Today, ibex operates a global CX delivery center model consisting of 33 operations facilities around the world, while deploying next-generation technology to drive superior customer experiences for many of the world’s leading companies across retail, e-commerce, healthcare, fintech, utilities and logistics.
ibex leverages its diverse global team of over 31,000 employees together with industry-leading technology, including its Wave X technology platform, to manage nearly 200 million critical customer interactions, adding over $2.2B in lifetime customer revenue each year and driving a truly differentiated customer experience.