WNS (Holdings) Limited (WNS), a provider of global business process outsourcing services, Wednesday reported higher profit and revenue for the fourth quarter.
Profit surged to $8.2 million from last year's $4.4 million. Earnings per share increased to $0.16 from $0.09.
Adjusted net income per ADS climbed to $0.30 from $0.27. On average, 9 analysts polled by Thomson Reuters expected earnings of $0.29 per share for the quarter. Analysts' estimates typically exclude special items.
Revenue for the quarter grew to $119.2 million from $113.3 million. Analysts expected revenues of $114.32 million.
The firm noted that revenue improvement was broad-based, with particular strength in emerging verticals such as Utilities and Retail & CPG, as well traditional verticals including Banking & Financial Services and Insurance.
For fiscal 2014, adjusted net income is expected to range between $59 million and $63 million, up from $53.1 million in fiscal 2013.
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