Previous Close | 22.93 |
Open | 23.33 |
Bid | 0.00 x 3100 |
Ask | 21.48 x 1800 |
Day's Range | 23.10 - 24.37 |
52 Week Range | 14.38 - 85.49 |
Volume | |
Avg. Volume | 458,504 |
Market Cap | 2.29B |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | N/A |
EPS (TTM) | -0.66 |
Earnings Date | Aug 08, 2022 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | N/A |
1y Target Est | 32.00 |
Subscribe to Yahoo Finance Plus to view Fair Value for TASK
Good afternoon, and thank you for joining the TaskUs second quarter 2022 earnings call. Joining me on the call today are Bryce Maddock, our co-founder and chief executive officer; and Balaji Sekar, our chief financial officer. Before we start, I would like to remind you that the following discussion contains forward-looking statements within the meaning of the Federal Securities Laws, including, but not limited to, statements regarding our future financial results and management's expectations and plans for the business.
TaskUs (TASK) delivered earnings and revenue surprises of 15.15% and 1.75%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
TaskUs Inc (NASDAQ: TASK) reported second-quarter revenue growth of 36.9% year-over-year to $246.5 million, beating the consensus of $242.11 million. Adjusted EPS was $0.37, beating the consensus of $0.33. The adjusted net income margin was 15.7%, down from 17.4% in 2Q21. Adjusted EBITDA increased by 26.2% Y/Y to $55.67 million, and the margin was 22.6%, down from 24.5% in 2Q21. TaskUs net cash provided by operating activities year-to-date was $72.97 million, compared to $45.68 million a year ag