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TaskUs Inc (TASK) Reports Fiscal Q4 and Full Year 2023 Results Amid Economic Challenges [Yahoo! Finance]

TaskUs, Inc. - Class A (TASK) 
Company Research Source: Yahoo! Finance
Adjusted EBITDA : Q4 Adjusted EBITDA rose to $59.0 million, with a margin of 25.2%. Free Cash Flow : Free Cash Flow for the year increased by 9.0% to $112.7 million. Client Expansion : Nearly 200 clients by year-end, with 47 new clients added in 2023. Stock Repurchase : Repurchased 2.0 million shares in Q4 and 10.1 million for the full year. 2024 Outlook : Revenue expected to be between $900 to $950 million with an Adjusted EBITDA Margin of 22% to 23%. Warning! GuruFocus has detected 5 Warning Signs with DMRC. On February 28, 2024, TaskUs Inc ( NASDAQ:TASK ) released its 8-K filing , announcing its financial results for the fourth quarter and full year ended December 31, 2023. Despite a year-over-year decrease in total revenue of 3.3% for the quarter, the company reported a slight increase in GAAP net income and a significant improvement in Adjusted EBITDA margin. TaskUs, a provider of outsourced digital services and next-generation customer experience, serves clients in Show less Read more
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