Profile
Sector:
TechnologyIndustry:
Information Technology ServicesCountry:
United StatesIPO:
11 June 2021Website:
http://www.taskus.comNext earnings report:
28 February 2025Last dividends:
N/ANext dividends:
N/APrice
after hours | Wed, 20 Nov 2024 21:10:32 GMTDividend
Analysts recommendations
Institutional Ownership
TASK Latest News
TaskUs beat Q3 2024 revenue and earnings estimates but faces pricing pressure and risks from AI automation from the low-end. The BPO market is projected to grow at a 9.4% CAGR through 2030, driven by digital tools and talent sourcing. TaskUs has seen growth in AI Services and Trust & Safety segments but struggles with gross margins and client revenue concentration risks.
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 (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) 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.
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TaskUs: Digital Experiences, AI Services To Drive Revenue Growth
TaskUs announced fourth-quarter results that were well above guidance. The company forecasts a return to revenue growth in 2024 despite persistent macro headwinds.
TaskUs, Inc. (TASK) Q4 2023 Earnings Call Transcript
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.
- 1(current)
What type of business is TaskUs?
TaskUs, Inc. provides digital outsourcing services for companies in Philippines, the United States, India, and internationally. It offers digital customer experience that consists of omni-channel customer care services primarily delivered through non-voice digital channels; and other solutions, including experience and customer care services for new product or market launches, and customer acquisition solutions. The company also provides trust and safety solutions, such as review and disposition of user and advertiser generated visual, text, and audio content, which include removal or labeling of policy violating, and offensive or misleading content, as well as risk management, compliance, identity management, and fraud services; and artificial intelligence (AI) solutions that consist of data labeling, annotation, context relevance, and transcription services for training and tuning machine learning algorithms that enables to develop AI systems. It serves clients in various industry segments comprising e-commerce, FinTech, food delivery and ride sharing, gaming, technology, HealthTech, social media, and streaming media. The company was formerly known as TU TopCo, Inc. and changed its name to TaskUs, Inc. in December 2020. TaskUs, Inc. was founded in 2008 and is headquartered in New Braunfels, Texas.
What sector is TaskUs in?
TaskUs is in the Technology sector
What industry is TaskUs in?
TaskUs is in the Information Technology Services industry
What country is TaskUs from?
TaskUs is headquartered in United States
When did TaskUs go public?
TaskUs initial public offering (IPO) was on 11 June 2021
What is TaskUs website?
https://www.taskus.com
Is TaskUs in the S&P 500?
No, TaskUs is not included in the S&P 500 index
Is TaskUs in the NASDAQ 100?
No, TaskUs is not included in the NASDAQ 100 index
Is TaskUs in the Dow Jones?
No, TaskUs is not included in the Dow Jones index
When was TaskUs the previous earnings report?
No data
When does TaskUs earnings report?
The next expected earnings date for TaskUs is 28 February 2025