TaskUs Q1 2023 Earnings Report

TaskUs EPS Results

• Actual EPS: $0.19
• Consensus EPS: $0.15
• Beat/Miss: Beat by +$0.04
• One Year Ago EPS: N/A

TaskUs Revenue Results

• Actual Revenue: $235.31 million
• Expected Revenue: $231.98 million
• Beat/Miss: Beat by +$3.33 million
• YoY Revenue Growth: N/A

TaskUs Announcement Details

• Quarter: Q1 2023
• Date: 5/8/2023
• Time: N/A

TaskUs (NASDAQ:TASK) 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.