Ibex Ltd. Announces Record Quarterly Revenue Growth of 11%, Net Income Increase to $10.5 Million, Adjusted EPS Up 18%

Reuters
May 09
Ibex Ltd. Announces Record Quarterly Revenue Growth of 11%, Net Income Increase to $10.5 Million, Adjusted EPS Up 18%

Ibex Ltd., a global leader in business process outsourcing and customer engagement technology solutions, reported record financial results for its third fiscal quarter ending March 31, 2025. The company achieved a quarterly revenue of $140.7 million, marking an 11.0% increase from $126.8 million in the same quarter of the previous year. This growth was attributed to strong performance in its top three verticals: HealthTech, which grew by 20.0%; Travel, Transportation, and Logistics, which saw an 18.7% increase; and Retail & E-commerce, which experienced a 14.6% rise. The net income for the quarter slightly increased to $10.5 million, up from $10.3 million in the previous year's quarter, benefiting from improved gross margin due to higher revenue growth in offshore regions. Earnings per share $(EPS)$ rose to $0.82, representing an 18% increase compared to the same period last year. In addition to these financial results, Ibex Ltd. announced a strategic entry into the Indian market by launching operations with a leading healthcare client. Furthermore, the board of directors authorized a new $15 million share repurchase plan, reinforcing the company's confidence in its growth trajectory. With the strength and positive direction of its business, Ibex Ltd. raised its fiscal year guidance for both revenue and adjusted EBITDA.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ibex Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9447719-en) on May 08, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10