WNS - WNS Non-GAAP EPS of $1.01 beats by $0.08

2023-07-20 06:01:15 ET

• WNS press release ( NYSE: WNS ): Q1 Non-GAAP EPS of $1.01 beats by $0.08 .
• Revenue less repair payments of $317.5M (+15.5% Y/Y) beats by $12.92M .
• Added 6 new clients in the quarter, expanded 36 existing relationships
• Days sales outstanding (DSO) at 34 days
• Global headcount of 59,871 as of June 30, 2023

• WNS is updating guidance for the fiscal year ending March 31, 2024, as follows:

  • Revenue less repair payments is expected to be between $1,296 million and $1,354 million ($1.32B consensus), up from $1,162.0 million in fiscal 2023. Guidance assumes an average GBP to USD exchange rate of 1.27 for the remainder of fiscal 2024.
  • ANI is expected to range between $211 million and $223 million versus $196.1 million in fiscal 2023. Guidance assumes an average USD to INR exchange rate of 82.0 for the remainder of fiscal 2024.
  • Based on a diluted share count of 50.1 million shares, the company expects fiscal 2024 adjusted diluted earnings per share to be in the range of $4.21 to $4.45 ($2.91 consensus) versus $3.86 in fiscal 2023.

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