TaskUS

TaskUs, Inc. provides digital outsourcing services. It offers customer experience, back office support and consulting solutions. It offers services to the social media, e-commerce, gaming, streaming media and food delivery and ride sharing. TaskUs was founded by Bryce Maddock and Jaspar Weir in 2008 and is headquartered in Santa Monica, CA.

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TaskUs surpasses Q4 targets, eyes growth through AI and expansion

TaskUs had a strong Q4 2022, exceeding revenue and EBITDA targets, expanding client base, and enhancing service offerings.
While facing challenges in offshore shifts and crypto market dynamics, the company is focused on cost-saving initiatives and growth opportunities.
TaskUs' strengths in client relationships, technology focus, and market positioning bode well for future growth and competitive advantage.
By leveraging opportunities in generative AI, expanding geographically, and optimizing operations, TaskUs aims for sustained growth and profitability.

TaskUs beats Q1 expectations, eyes global growth amid challenges

TaskUs outperformed in Q1 2023 but faces challenges from macro environment.
Efforts on cost optimization and generative AI present growth opportunities.
Focus on global clients, efficiency gains, and offshore operations.
Revised revenue outlook but confidence in sequential growth in Q3 and Q4.

TaskUs beats Q2 revenue expectations but lowers yearly outlook

TaskUs delivered strong financial performance in Q2 2023 but faces challenges with declining revenue from top clients. The company's strengths lie in growth outside the top 20 clients, new contracts in HealthTech, and expansion in the retail sector. TaskUs is seizing opportunities in healthcare and outcome-based contracts for future growth.

TaskUs surpasses Q3 targets, eyes political and tech opportunities

TaskUs demonstrated strong performance in Q3 2023, exceeding revenue and margin targets.
While facing challenges in certain revenue segments, the company is investing in growth areas.
Opportunities lie in expanding political work, autonomous vehicles, and tech investments.
Overall, TaskUs is navigating market shifts while maintaining a focus on innovation.

TaskUs surpasses Q4 revenue targets, eyes margin expansion in 2024

TaskUs delivered strong financial performance in Q4 2023, exceeding revenue guidance.
The company aims to improve margins through efficiency, growth initiatives, and specialized services.
Challenges in 2023 are expected to stabilize in 2024, with a focus on returning to consistent growth.
Opportunities lie in diversifying the client base, investing in technology, and capitalizing on AI services.

TaskUs surpasses Q1 expectations, eyes international growth and AI

TaskUs delivered strong financial performance in Q1 2024, exceeding revenue and adjusted EBITDA guidance.
While facing challenges such as declines in AI services revenue and legacy client spending reductions, the company is leveraging strengths in growth areas.
Opportunities lie in returning to revenue growth, expanding internationally, and driving growth through Generative AI and specialized services.
TaskUs' ability to outperform guidance, adapt to industry trends, and capitalize on opportunities positions it well for future success.

TaskUs surpasses revenue targets, eyes Latin America for growth

TaskUs delivered strong Q2 performance, surpassing revenue guidance, increasing annual revenue outlook, and expanding workforce globally.
While facing challenges in the U.S. market and revenue concentration, the company's strengths lie in client relationships, workforce scalability, and cross-selling success.
Opportunities exist in Latin America expansion, diversifying client base, and maximizing revenue potential through bundled service offerings.
Overall, TaskUs shows resilience and growth potential, with a strategic focus on revenue diversification and market expansion.

TaskUs exceeds Q3 revenue expectations, eyes sustained growth in 2025

TaskUs is on track for sustained growth, with a focus on increasing investments in specialized services, new technologies, and sales/marketing. The company aims to drive significant adjusted EBITDA dollar growth and leverage investments to increase margins. Despite potential challenges in Q1 2025, TaskUs anticipates sustaining growth rates into 2025.

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TaskUs, Inc. (NASDAQ:TASK ) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Trent Thrash - Senior Vice President of Corporate Development & Investor Relations Bryce Maddock - Co-Founder & Chief Executive Officer Balaji Sekar - Chief Financial Officer Conference Call Participants Jonathan Lee - Guggenheim Puneet Jain - JPMorgan Maggie Nolan - William Blair Jim Schneider - Goldman Sachs Jacob Haggarty - Baird Operator Good afternoon, and welcome to the TaskUs' Fiscal Third Quarter 2024 Conference Call. My name is Michelle, and I will be your conference facilitator today.

TaskUs, Inc. (TASK) Q3 2024 Earnings Call Transcript

TaskUs (TASK) came out with quarterly earnings of $0.37 per share, beating the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.32 per share a year ago.

TaskUs (TASK) Beats Q3 Earnings and Revenue Estimates

NEW BRAUNFELS, Texas--(BUSINESS WIRE)--TaskUs, Inc. (Nasdaq: TASK), a leading provider of outsourced digital services and next-generation customer experience to the world's most innovative companies, today announced its results for the third quarter ended September 30, 2024. Total revenues of $255.3 million, 13.2% year-over-year growth. Exceeding the top-end of our guidance by $9.3 million. Net income of $12.7 million, net income margin of 5.0%. Adjusted Net Income of $34.3 million, Adjusted Ne.

TaskUs Announces Fiscal Third Quarter 2024 Results

NEW BRAUNFELS, Texas--(BUSINESS WIRE)--TaskUs, Inc. (Nasdaq: TASK), a leading provider of outsourced digital services and next-generation customer experience to the world's most innovative companies, will report its third quarter 2024 financial results after the market closes on November 7, 2024. Simultaneous with the earnings release, supplemental data will be made available in the Investor Relations section of the website at https://ir.taskus.com under “News & Events.” Management will hos.

TaskUs, Inc. to Announce Third Quarter 2024 Financial Results on November 7, 2024

NEW BRAUNFELS, Texas--(BUSINESS WIRE)--TaskUs, Inc. (Nasdaq: TASK), a leading provider of outsourced digital services and next-generation customer experience to the world's most innovative companies today presents an Everest Group report revealing businesses are making significant investments in technology to streamline the customer experience (CX). AI Integration on Rapid Rise According to report data, more than 75% of enterprises are deploying or planning to deploy generative artificial intel.

Balancing AI with a Human Touch: New Research Reveals Gen AI Adoption Creates New Opportunities in Customer Experience Landscape

TaskUs, Inc. (NASDAQ:TASK ) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants Trent Thrash - Senior Vice President of Corporate Development & Investor Relations Bryce Maddock - Co-Founder & Chief Executive Officer Balaji Sekar - Chief Financial Officer Conference Call Participants Jonathan Lee - Guggenheim Securities Maggie Nolan - William Blair Kathy Chan - Bank of America James Faucette - Morgan Stanley Jim Schneider - Goldman Sachs Matt VanVliet - BTIG Jacob Haggarty - Baird Operator Good afternoon, and welcome to the TaskUs' Second Quarter 2024 Investor Call. My name is Josh, and I will be your conference facilitator today.

TaskUs, Inc. (TASK) Q2 2024 Earnings Call Transcript

TaskUs (TASK) came out with quarterly earnings of $0.31 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.32 per share a year ago.

TaskUs (TASK) Q2 Earnings Meet Estimates

NEW BRAUNFELS, Texas--(BUSINESS WIRE)--TaskUs, Inc. (Nasdaq: TASK), a leading provider of outsourced digital services and next-generation customer experience to the world's most innovative companies, today announced its results for the second quarter ended June 30, 2024. Total revenues of $237.9 million. GAAP net income of $12.6 million, GAAP net income margin of 5.3%. Non-GAAP Adjusted Net Income of $28.6 million, non-GAAP Adjusted Net Income margin of 12.0%. GAAP diluted EPS of $0.14, non-GAA.

TaskUs Announces Fiscal Second Quarter 2024 Results

NEW BRAUNFELS, Texas--(BUSINESS WIRE)--TaskUs, Inc. (Nasdaq: TASK), a leading provider of outsourced digital services and next-generation customer experience to the world's most innovative companies, will report its second quarter 2024 financial results after the market closes on August 8, 2024. Simultaneous with the earnings release, supplemental data will be made available in the Investor Relations section of the website at https://ir.taskus.com under “News & Events.” Management will host.

TaskUs, Inc. to Announce Second Quarter 2024 Financial Results on August 8, 2024

PHILADELPHIA , June 12, 2024 /PRNewswire/ -- Kaskela Law LLC announces that it is investigating TaskUs, Inc. (NASDAQ: TASK) on behalf of the company's long-term investors. Recently an amended securities fraud complaint was filed against TaskUs on behalf of certain investors who purchased shares of the company's stock between June 11, 2021 and January 19, 2022.

TASKUS SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of TaskUs, Inc. (NASDAQ: TASK) and Encourages Long-Term Investors to Contact the Firm

Investors can contact the law firm at no cost to learn more about recovering their losses.

The Portnoy Law Firm Announces Investigation of TaskUs Inc. (NASDAQ: TASK)

NEW BRAUNFELS, Texas--(BUSINESS WIRE)--TaskUs, Inc. (Nasdaq: TASK), a leading provider of outsourced digital services and next-generation customer experience to the world's most innovative companies, and AI-powered product support platform Mavenoid announced their strategic partnership today. Together, TaskUs and Mavenoid will combine expertise in AI and personalized product support to optimize next-generation, personalized self-help product support solutions trusted by some of the world's lead.

TaskUs and Mavenoid Announce Strategic Partnership To Enable AI-Powered Product Support

NEW BRAUNFELS, Texas--(BUSINESS WIRE)--TaskUs, Inc. (Nasdaq: TASK), a leading provider of outsourced digital services and next-generation customer experience to the world's most innovative companies, today announced that Bryce Maddock, Co-Founder and CEO will participate in the following investor event: William Blair 44th Annual Growth Stock Conference Date: Wednesday, June 5th, 2024 Location: Loews Chicago Hotel in Chicago, Illinois Presentation Time: 10:40 am CST The event will be available v.

TaskUs to Present at William Blair 44th Annual Growth Stock Conference on June 5, 2024

NEW BRAUNFELS, Texas--(BUSINESS WIRE)--TaskUs, Inc. (Nasdaq: TASK), a leading provider of outsourced digital services and next-generation customer experience to the world's most innovative companies, today announced that Bryce Maddock, Co-Founder and CEO will participate in the following investor event: J.P Morgan Global Technology, Media and Communications Conference Date: Monday, May 20th, 2024 Location: The Westin Boston Seaport District in Boston, Massachusetts Fireside Chat Time: 11:20 EDT.

TaskUs to Present at the J.P. Morgan 52nd Annual Global Technology, Media and Communications Conference on May 20, 2024

PHILADELPHIA--(BUSINESS WIRE)--Kaskela Law LLC announces that it is investigating TaskUs, Inc. (NASDAQ: TASK) on behalf of the company's long-term investors. Recently an amended securities fraud complaint was filed against TaskUs on behalf of certain investors who purchased shares of the company's stock between June 11, 2021 and January 19, 2022. According to the complaint, during that time period TaskUs and certain of the company's senior executive officers made a series of materially false an.

STOCKHOLDER ALERT: Kaskela Law LLC Announces Investigation of TaskUs, Inc. (TASK) and Encourages Long-Term Investors to Contact the Firm

TaskUs, Inc. (NASDAQ:TASK ) Q1 2024 Earnings Conference Call May 8, 2024 5:00 PM ET Company Participants Trent Thrash - Senior Vice President-Corporate Development and Investor Relations Bryce Maddock - Chief Executive Officer, Co-Founder and Chairperson Balaji Sekar - Chief Financial Officer Conference Call Participants Jonathan Lee - Guggenheim Partners Maggie Nolan - William Blair Ryan Potter - Citi Cassie Chan - Bank of America Robert Bamberger - Baird Matthew Roswell - RBC Capital Markets Operator Good afternoon and welcome to the TaskUs' First Quarter 2024 Investor Call. My name is Daniel and I will be your conference facilitator today.

TaskUs, Inc. (TASK) Q1 2024 Earnings Call Transcript

NEW BRAUNFELS, Texas--(BUSINESS WIRE)--TaskUs, Inc. (Nasdaq: TASK), a leading provider of outsourced digital services and next-generation customer experience to the world's most innovative companies, today announced its results for the first quarter ended March 31, 2024. Total revenues of $227.5 million. GAAP net income of $11.7 million, GAAP net income margin of 5.1%. Non-GAAP Adjusted Net Income of $27.3 million, non-GAAP Adjusted Net Income margin of 12.0%. GAAP diluted EPS of $0.13, non-GAA.

TaskUs Announces Fiscal First Quarter 2024 Results

NEW BRAUNFELS, Texas--(BUSINESS WIRE)--TaskUs, Inc. (Nasdaq: TASK), a leading provider of outsourced digital services and next-generation customer experience to the world's most innovative companies, will report its first quarter 2024 financial results after the market close on May 8, 2024. Simultaneous with the earnings release, supplemental data will be made available in the Investor Relations section of the website at https://ir.taskus.com under “News & Events”. Management will host a co.

TaskUs, Inc. to Announce First Quarter 2024 Financial Results on May 8, 2024

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NEW BRAUNFELS, Texas--(BUSINESS WIRE)--TaskUs, Inc. (Nasdaq: TASK), a leading provider of outsourced digital services and next-generation customer experience to the world's most innovative companies, was recognized as a Leader in Everest Group's Trust and Safety Services PEAK Matrix® Assessment 2024 for the second consecutive year. The recognition reflects the growth and accomplishments of TaskUs' solution offerings within the trust and safety industry as increasingly diverse content formats, n.

TaskUs Named a Leader in Everest Group's Trust and Safety Services PEAK Matrix® Assessment 2024

NEW BRAUNFELS, Texas--(BUSINESS WIRE)--TaskUs, Inc. (Nasdaq: TASK), a leading provider of outsourced digital services and next-generation customer experience to the world's most innovative companies, and V7, a leading training data platform, announced their strategic partnership today. TaskUs and V7 are combining their expertise in AI and data annotation to optimize training data creation for AI product development at some of the world's biggest technology companies. With a proven track record.

TaskUs and V7 Announce Strategic Partnership To Enable Enterprise AI Product Delivery

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Investors interested in Computers - IT Services stocks are likely familiar with TaskUs (TASK) and Epam (EPAM). But which of these two stocks presents investors with the better value opportunity right now?

TASK vs. EPAM: Which Stock Is the Better Value Option?

NEW BRAUNFELS, Texas--(BUSINESS WIRE)--TaskUs, Inc. (Nasdaq: TASK), a leading provider of outsourced digital services and next-generation customer experience to the world's most innovative companies, was recognized as a Leader in Everest Group's Data Annotation and Labeling (DAL) PEAK Matrix® Assessment 2024. The recognition reflects the growth and accomplishments of TaskUs' solution offerings within the digital transformation and generative AI landscape as enterprises are forced to scale their.

TaskUs Named a Leader in Everest Group's Data Annotation and Labeling (DAL) PEAK Matrix® Assessment 2024

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Are Investors Undervaluing TaskUs (TASK) Right Now?

TaskUs could experience significant business growth in markets related to digital experiences and AI services.

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