TaskUs reports Q3 EPS 32c, consensus 29c

Reports Q3 revenue $225.6M, consensus $220.78M. “We achieved strong third quarter performance, once again beating our guidance. Our results were driven by new client signings, as well as stronger-than-expected volumes from existing clients. While the current environment remains volatile, we are increasing our revenue outlook for the remainder of the year, driven in part by expected seasonal volumes associated with some of our recent healthcare signings and e-Commerce clients,” said CEO, Bryce Maddock. “We are pleased with the progress that we have made on our strategic growth plan. We plan to continue investing in our go-to-market and technology initiatives, including the development of our TaskGPT platform. Additionally, we are focused on using our strong cash flow to drive long-term shareholder value.”