IBEX Limited announced record financial results for the first quarter of fiscal year 2025 on November 7, 2024. The company reported record revenue, net income, earnings per share (EPS), and adjusted EBITDA for the quarter.
Revenue for Q1 FY25 reached US$129.7 million, marking a 4.1% increase compared to the first quarter of fiscal year 2024. The company also achieved adjusted EPS of US$0.45, an increase from US$0.41 in the prior year's first quarter.
IBEX demonstrated strong adjusted EBITDA margin expansion year-over-year, marking nine out of the last ten quarters with such expansion. Additionally, the company repurchased approximately 282,000 shares at a total cost of $4.7 million during the first quarter, representing 1.7% of its shares outstanding at September 30, 2024.
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