TaskUs, Inc. announced its financial results for the fourth quarter and full year ended December 31, 2024. For Q4 2024, service revenue reached $274.2 million, marking a 17.1% year-over-year increase and exceeding Street forecasts of $268.9 million.
Despite the revenue beat, Q4 2024 GAAP net income was $8.9 million, or $0.10 diluted EPS, while adjusted EPS was $0.31, missing analyst estimates of $0.34. For the full year 2024, total revenue was $995.0 million, a 7.6% increase from 2023, with adjusted EBITDA at $209.9 million, representing a 21.1% margin.
Looking ahead, TaskUs provided its outlook for 2025, projecting full-year revenue between $1.095 billion and $1.125 billion, with an adjusted EBITDA margin of approximately 21%. The company also guided for first-quarter 2025 revenue between $270 million and $272 million, with an adjusted EBITDA margin of approximately 20%.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.