Setup News Ticker
Searching for 'shares Just'. (Return)

Yahoo BusinessSep 25, 2020
IBEX Rises 3% On Upbeat 4Q Sales Results
Shares of IBEX Limited soared 3.1% in the extended trading session on Thursday after it reported stronger-than-expected 4Q revenues. The customer experience company's 4Q sales increased 14.7% to $100.9 million and surpassed analysts' expectations of $96.2 million.IBEX Limited's (IBEX) adjusted EPS of $0.14 compared favorably with the year-ago quarter's loss per share of $0.07. However, quarterly earnings fell short of the Street estimates $0.16.The company's CEO Bob Dechant said, "Fiscal year 2020 was a milestone year for ibex-delivering record revenues surpassing $400 million, growing net income from continuing operations and increasing Adjusted EBITDA to over $50 million." He further stated, "Based on our expected revenue growth and robust pipeline, we are confident in our ability to accelerate additional customer wins, expand geographically and deliver solid cash flow in 2021."Looking forward, IBEX expects to generate revenues between $431 million and $435 million in fiscal 2021. Moreover, the company projects adjusted EBITDA from continuing operations to be in the range of $59.5-$61 million. (See IBEX stock analysis on TipRanks).On September 11, Piper Sandler analyst Arvind Ramnani reiterated a Buy rating on IBEX and a price target of $20 (84% upside potential). In a note to investors, Ramnani said that the IBEX business model is highly resilient given the company's stable client base and long duration contracts.Currently, the Street has a bullish outlook on the stock. The Strong Buy analyst consensus is based on 5 Buy ratings. The average price targe
Chinachipmaker Chip Maker biggest sanctions
StocksMarket Buy Stock Week Tech
Coronaviruslatest Case How update since
TrumpBarrett Supreme Court Business Insider
Pandemicduring How Coronavirus One start
Covid-19Vaccine Johnson Should Business Insider
MarketStocks stock weekly next Buy
StockBuy market Tech Today Week
TechStocks Stock S&P Correction Surges
BusinessInsider Trump Millions Americans Live

Top News (Business News)
Accounting Today
AdWeek News
Banking Business Review
Barron's This Week Magazine
Barron's Up and Down Wall Street Daily
Brad Ideas
Chicago Tribune Business News
CNBC Business
CNBC Economy
CNBC Finance
CNN/Money Real Estate News Analysis Indicators
Enterprise Application News
Forbes Headlines
Forbes Social Media News - China, Economy & Trade - Financial Markets - Hedge Funds - Telecoms - US
Google Business News
Google Market News
HBS Working Knowledge
INSEAD Knowledge
International Tax Review
L.S. Starrett News
MarketWatch Breaking News
MarketWatch MarketPulse
McKinsey Quarterly Business
Nielsen Trends
NonProfit Times
NPR Topics: Business
NYTimes Business
Private Equity Breaking News
Reuters Business
Reuters Company News
Reuters Money Updates: News Digest
Tax Policy News
The Economist International News
The Motley Fool
USA Today Money
Wall Street Journal US Business
Wall Street Transcript
Washington Post Business
WSJ Asia
WSJ Europe
WSJ MoneyBeat
WSJ Opinion
WSJ World Markets
Yahoo Business
  • CEOExpress
  • 1 Boston Place | Suite 2600
    Boston MA 02108
  • 617 482 1200
    617 299 8649 (fax)
  • Contact
  • As an Amazon Associate
    CEOExpress earns from
    qualifying purchases.

©1999-2020 CEOExpress Company LLC