IBEX Limited announced record financial results for the second quarter of fiscal year 2025 on February 6, 2025. Quarterly revenue grew 6.1% year-over-year to $140.7 million, marking the highest growth in nine quarters.
The company reported an adjusted EPS of $0.59, representing a 36% increase compared to the prior year quarter. IBEX also achieved adjusted EBITDA margin expansion year-over-year, marking ten out of the last eleven quarters with such expansion.
IBEX raised its guidance on revenue and the lower end of its EBITDA range for the fiscal year. During the second quarter, the company repurchased approximately 3.6 million shares from TRGI, representing 21% of its shares outstanding, which eliminated its controlled company status.
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