News Feed

WNS Announces Fiscal 2020 First Quarter Earnings, Revises Full Year Guidance

By admin

July 18, 2019

Business Wire IndiaWNS (Holdings) Limited (WNS) (NYSE: WNS), a leading provider of global Business Process Management (BPM) services, today announced results for the fiscal 2020 first quarter ended June 30, 2019.  

Highlights – Fiscal 2020 First Quarter:
GAAP Financials
  • Revenue of $214.6 million, up 7.4% from $199.8 million in Q1 of last year and up 1.9% from $210.5 million last quarter
  • Profit of $27.6 million, compared to $22.4 million in Q1 of last year and $29.7 million last quarter
  • Diluted earnings per ADS of $0.53, compared to $0.42 in Q1 of last year and $0.57 last quarter

 
Non-GAAP Financial Measures*

  • Revenue less repair payments of $211.6 million, up 7.9% from $196.0 million in Q1 of last year and up 2.4% from $206.6 million last quarter
  • Adjusted Net Income (ANI) of $37.6 million, compared to $30.9 million in Q1 of last year and $37.8 million last quarter
  • Adjusted diluted earnings per ADS of $0.72, compared to $0.59 in Q1 of last year and $0.73 last quarter

 
Other Metrics

  • Added 6 new clients in the quarter, expanded 11 existing relationships
  • Days sales outstanding (DSO) at 30 days
  • Global headcount of 41,056 as of June 30, 2019

 

Source: Businesswire