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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NEW BRAUNFELS, Texas--(BUSINESS WIRE)--TaskUs (Nasdaq: TASK), a provider of outsourced digital services and next-generation customer experience to fast-growing technology companies, has made a long-term commitment to support a partnership between Watershed, an enterprise climate platform, and renewables marketplace Ever.green to launch the first fixed-price virtual power purchase agreement (VPPA).

TaskUs Makes Long-Term Commitment to Support Partnership That Will Bring A New Solar Plant to Texas

NEW BRAUNFELS, Tx., Feb. 13, 2023 (GLOBE NEWSWIRE) -- TaskUs, Inc (Nasdaq: TASK), a provider of outsourced digital services and next-generation customer experience to fast-growing technology companies, will report its fourth quarter and full year 2022 financial results after the market close on February 27, 2023. On that day management will host a conference call and webcast at 5:00 p.m. ET to discuss the company's business and financial results.

TaskUs Inc. to Announce Fourth Quarter and Full Year 2022 Financial Results on February 27, 2023

Dynatrace Inc

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

NEW BRAUNFELS, Texas--( BUSINESS WIRE )--TaskUs, a provider of next-generation digital customer experience and AI outsourcing services to fast-growing technology companies, was recognized by Frost & Sullivan as a Leader in its “Frost Radar: North American Customer Experience Outsourcing Services Market” 2022 report.

TaskUs Named 'Leader' in Frost & Sullivan's ‘Frost Radar: North American Customer Experience Outsourcing Services Market' 2022 Report

TASK or DT: Which Is the Better Value Stock Right Now?

NEW BRAUNFELS, Texas--( BUSINESS WIRE )--TaskUs, Inc. (Nasdaq: TASK), a provider of outsourced trust and safety and digital customer experience services to fast-growing technology companies, has announced a strategic investment in AntiToxin, Inc., dba, L1ght, an anti-toxicity AI company headquartered in Tel Aviv, Israel. L1ght's technology uses AI to identify and analyze harmful online content. The investment will support the launch of the Safety Operations Center, an integrated solution that leverages L1ght's AI and TaskUs' moderation professionals to protect users of social networks, dating apps and online marketplaces.

TaskUs and L1ght Launch “Safety Operations Center”, a ‘Human + AI' Hybrid Moderation Solution for User Generated Content

TaskUs (TASK) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Can TaskUs (TASK) Run Higher on Rising Earnings Estimates?

There are secular trends that support the industry's long-term growth. TaskUS has unique product offerings catered to high-growth companies.

TaskUS: Riding On Strong Secular Digital Trends That Support Long-Term Growth

NEW BRAUNFELS, Texas, Nov. 11, 2022 (GLOBE NEWSWIRE) -- TaskUs, Inc. (Nasdaq: TASK), a leading provider of digital outsourced services focused on serving high growth technology companies, today announced that the company would participate in the following Investor Conferences in November 2022:

TaskUs to Participate at November 2022 Investor Conferences

Better-than-expected financial results in the face of economic uncertainty is encouraging for investors.

Why TaskUs Stock Skyrocketed Today

TaskUs, Inc. (NASDAQ:TASK ) Q3 2022 Results Conference Call November 7, 2022 5:00 PM ET Company Participants Alan Katz - Vice President of Investor Relations Bryce Maddock - Co-Founder and Chief Executive Officer Balaji Sekar - Chief Financial Officer Conference Call Participants Ryan Potter - Citi Puneet Jain - JPMorgan Dan Perlin - RBC Capital Markets Jesse Fink - William Blair Kathy Chang - Bank of America James Faucette - Morgan Stanley Jeff Cantwell - Wells Fargo William McNamara - BTIG Operator Good morning. And welcome to the TaskUs Third Quarter 2022 Investor Call.

TaskUs, Inc. (TASK) Q3 2022 Earnings Call Transcript

TaskUs (TASK) delivered earnings and revenue surprises of 16.67% and 3.16%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

TaskUs (TASK) Q3 Earnings and Revenues Surpass Estimates

NEW BRAUNFELS, Texas, Nov. 07, 2022 (GLOBE NEWSWIRE) -- TaskUs, Inc. (Nasdaq: TASK), a leading provider of digital outsourced services focused on serving high growth technology companies, today announced its results for the third quarter ended September 30, 2022.

TaskUs Announces Fiscal Third Quarter 2022 Results

TaskUs (TASK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

TaskUs (TASK) Reports Next Week: What Awaits?

Seeking Alpha Quant has a Sell rating for TASK. This AI quantitative assessment is not reliable because TASK only had its IPO last June 2021. TaskUs, Inc. deserves a buy recommendation. The big drop from $66.84 to $21 has made TASK very attractive.

TaskUs Inc.: Decreased Valuation Makes It Attractive

NEW BRAUNFELS, Texas, Oct. 25, 2022 (GLOBE NEWSWIRE) -- TaskUs, Inc (Nasdaq: TASK), a provider of outsourced digital services and next-generation customer experience to fast-growing technology companies, will report its third quarter 2022 financial results after the market close on November 7, 2022. On that day management will host a conference call and webcast at 5:00 p.m. ET to discuss the company's business and financial results.

TaskUs Inc. to Announce Third Quarter 2022 Financial Results on November 7, 2022

NAVI MUMBAI, India--(BUSINESS WIRE)--TaskUs (Nasdaq: TASK), a provider of outsourced digital services and next-generation customer experience to fast-growing technology companies, announced Navi Mumbai as home to its fourth site in India. TaskUs Navi Mumbai will support the company's growing operations in India, which has been TaskUs' fastest-growing market in its 14-year history. The city has a highly skilled and tech-savvy talent pool, modern infrastructure, and a non-metro advantage. The exp

TaskUs Announces Expansion to Navi Mumbai

NEW BRAUNFELS, Texas--(BUSINESS WIRE)-- #customerexperience--TaskUs, Inc. (Nasdaq: TASK), a provider of outsourced digital services and next-generation customer experience to fast-growing technology companies, was recognized as a Major Contender by Everest Group in its Customer Experience Management (CXM) in the Americas – Service Provider Landscape with PEAK Matrix® Assessment 2022 report. Everest Group is a provider of strategic research insights on IT, business process, and engineering services and a leading glob

TaskUs Named a Major Contender in Everest Group's Customer Experience Management (CXM) in the Americas – Service Provider Landscape with PEAK Matrix® Assessment 2022

Disclosure reflects TaskUs's commitment to corporate responsibility and transparency of key environmental, social and governance (ESG) data Disclosure reflects TaskUs's commitment to corporate responsibility and transparency of key environmental, social and governance (ESG) data

TaskUs Issues Disclosure Aligned with Sustainability Accounting Standards Board (SASB) Framework

The outsourcing specialist thinks its shares are a buy.

Why TaskUs Stock Jumped Today

NEW BRAUNFELS, Texas, Aug. 31, 2022 (GLOBE NEWSWIRE) -- TaskUs, Inc. (Nasdaq: TASK), a provider of outsourced digital services and next-generation customer experience to fast-growing technology companies, today announced that Bryce Maddock, Co-Founder and CEO, and Jarrod Johnson, Chief Customer Officer, will participate in the following investor event:

TaskUs to Participate in Citi's 2022 Global Technology Conference

NEW BRAUNFELS, Texas--(BUSINESS WIRE)--TaskUs was recognized as a Major Contender in the Everest Group's Financial Crime and Compliance Operations - Services PEAK Matrix® Assessment 2022.

TaskUs Named a Major Contender in Everest Group's PEAK Matrix® for Financial Crime and Compliance Operations - Services

The company lowered its guidance, but there are more encouraging takeaways.

Here's Why TaskUs Stock Got Hammered Today

TaskUs, Inc. (NASDAQ:TASK ) Q2 2022 Results Conference Call August 8, 2022 5:00 PM ET Company Participants Alan Katz - Vice President of Investor Relations Bryce Maddock - Chief Executive Officer Balaji Sekar - Chief Financial Officer Conference Call Participants Dave Koning - Baird Puneet Jain - JP Morgan Maggie Nolan - William Blair Ryan Potter - Citi Jason Kupferberg - Bank of America James Faucette - Morgan Stanley Matthew VanVliet - BTIG Operator Greetings. Welcome to the TaskUs Inc. Q2 2022 Earnings Call.

TaskUs, Inc. (TASK) CEO Bryce Maddock on Q2 2022 Results - Earnings Call Transcript

NEW BRAUNFELS, Texas, Aug. 08, 2022 (GLOBE NEWSWIRE) -- TaskUs, Inc. (Nasdaq: TASK), a leading provider of digital outsourced services focused on serving high growth technology companies, today announced its results for the second quarter ended June 30, 2022.

News for TaskUS Stock (TASK)