ExlService Holdings, Inc. Reaffirms FY 2012 EPS Guidance; Lowers FY 2012 Revenue Guidance

ExlService Holdings, Inc. reaffirmed calendar year earnings per share (EPS) guidance and expects EPS to a range of $1.50 to $1.55. Assuming a second half of 2012 exchange rate of 55 Indian rupees to the US dollar, the Company is now projecting revenues of $438 million to $442 million, primarily due to ongoing weakness in the rupee. According to I/B/E/S Estimates, analysts are expecting the Company to report EPS of $1.52 on revenue of $443 million for fiscal 2012.