Tuesday, March 5, 2024
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TaskUs Shares Are Surging Today: 'Results Driven By New Client Signings,' CEO Says

TaskUs Inc (NASDAQ: TASK) shares are surging today after third-quarter (Q3) earnings for 2023 were above the street view.

For Q3 of 2023, there was a sales decline of 2.8% year-on-year to $225.63 million, beating the analyst consensus estimate of $220.78 million.

Operating expenses fell 4.1% to $202.7 million. The operating income increased 10.6% to $22.9 million with an operating margin of 10.2%.

Adjusted EBITDA ...

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