TaskUs Reports Q3 Earnings Beat on Revenue and Non-GAAP EPS
TaskUs (TASK) reported third-quarter financial results that exceeded market expectations for both top and bottom lines. The company posted a Non-GAAP earnings per share of $0.34, surpassing estimates by $0.03, while service revenue reached $314.7 million, representing a 5.4% year-over-year increase and beating projections by $11.41 million. On the profitability front, TaskUs reported an Adjusted EBITDA of $59.1 million with an Adjusted EBITDA margin of 18.8%. The company also demonstrated healthy liquidity, generating $30.7 million in net cash from operating activities during the quarter.
Tickers: $TASK
Topics: earnings beat EBITDA financial results revenue growth