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IBEX (IBEX)
NASDAQ:IBEX
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Earnings Data
Report Date
Feb 12, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
$0.51Last Year’s EPS
$0.44Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 07, 2024
|% Change Since: 4.54%
|Next Earnings Date:Feb 12, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted strong financial performance, growth in key verticals, and successful expansion in AI solutions, coupled with recognition as a top employer. However, there were challenges such as a decline in the FinTech vertical, increased capital expenditures, and a slight decrease in free cash flow.Company Guidance
In the IBEX First Quarter 2025 earnings call, the company provided optimistic guidance underpinned by strong financial performance and strategic growth initiatives. The company reported record Q1 revenue of $129.7 million, marking a 4.1% increase from the previous year, driven by growth in HealthTech (23.4%), retail and e-commerce (8.6%), and travel, transportation, and logistics (10%). Adjusted EBITDA margin improved to 12%, with adjusted EPS rising to $0.52 from $0.40 a year ago. The company highlighted its focus on higher-margin offshore and nearshore operations, which now make up 76% of total revenue. For fiscal year 2025, IBEX expects revenue between $515 million and $525 million and adjusted EBITDA between $67 million and $69 million. Additionally, IBEX is investing in AI capabilities, with notable wins in AI Automate and AI Translate, enhancing their competitive edge. The company's ongoing share repurchase program reduced outstanding shares, contributing to EPS growth, while capital expenditures are projected to range from $15 million to $20 million.Record Q1 Financial Performance
IBEX achieved record first-quarter revenue of $129.7 million, marking a 4.1% increase from the previous year. The company also set records for net income, EPS, adjusted net income, adjusted EPS, and adjusted EBITDA.
Strong Growth in Key Verticals
The company experienced significant revenue growth in the HealthTech (23.4%), retail and e-commerce (8.6%), and travel, transportation, and logistics (10%) verticals.
Expansion in AI Solutions
IBEX secured new AI opportunities, including AI Automate for a new client and AI Translate for a leading travel-related client, which won the 2024 Generative AI Product of the Year Award.
Recognition as a Top Employer
IBEX was named #2 for America's Best Employers for Tech Workers by Fortune Magazine, surpassing companies like Salesforce and Microsoft.
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IBEX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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IBEX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | $19.61 | $19.55 | -0.31% |
| Sep 12, 2024 | $16.73 | $19.55 | +16.86% |
| May 09, 2024 | $13.81 | $14.55 | +5.36% |
| Feb 08, 2024 | $17.38 | $15.79 | -9.15% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does IBEX (IBEX) report earnings?
IBEX (IBEX) is schdueled to report earning on Feb 12, 2025, TBA Not Confirmed.
What is IBEX (IBEX) earnings time?
IBEX (IBEX) earnings time is at Feb 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is IBEX EPS forecast?
IBEX EPS forecast for the fiscal quarter 2025 (Q2) is $0.51.
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