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Stock impact report

TaskUs: Need A Few More Quarters To Monitor The Situation (Rating Downgrade) [Seeking Alpha]

TaskUs, Inc. - Class A (TASK) 
Company Research Source: Seeking Alpha
AI Services revenue surged 60.8% y/y in Q3, broadening use cases and embedding TASK deeper in client workflows. Margin compression is a near-term concern, with Q3 gross margin falling to 37.9% and Q4 adj. EBITDA margin guided to 19.8%. Jonathan Kitchen/DigitalVision via Getty Images Investment Overview I wrote about TaskUs ( TASK ) previously with a buy rating because of the secular tailwinds it is riding on, especially with the growing adoption of GenAI applications. Fast forward to today, I see good developments in the AI-driven parts This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Se Show less Read more
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