Ibex lifts full-year outlook after strong fiscal Q3

IBEX

06/05/2026 21:47

Overview

Outsourced CX provider's fiscal Q3 revenue rose 17% yr/yr, fifth straight double-digit growth qtr

Fiscal Q3 adjusted EPS rose 11% yr/yr; adjusted EBITDA up 14%

Company raised full-year revenue and adjusted EBITDA guidance

Outlook

Ibex raises fiscal 2026 revenue guidance to $638 mln-$642 mln, up from $620 mln-$630 mln

Company lifts fiscal 2026 adjusted EBITDA outlook to $82 mln-$84 mln, from $80 mln-$82 mln

Capital expenditures for fiscal 2026 now seen at $25 mln-$30 mln, up from $20 mln-$25 mln

Result Drivers

VERTICAL GROWTH - Revenue growth was driven by strong performance in HealthTech (+54%), Technology (+43%), Travel, Transportation and Logistics (+15%), and Retail & E-commerce (+8%), as well as continued growth in digital acquisition

HIGHER MARGIN REGIONS - Net income benefited from revenue growth in higher margin offshore regions and lower selling, general, and administrative expenses as a percentage of revenue

AI PARTNERSHIP - Strategic partnership with Sierra AI accelerated deal opportunities and is expected to enhance AI-powered CX solutions

Company press release: ID:nGNX6YVkw0

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$164.4 mln
$155.85 mln (2 Analysts)
Q3 Adjusted EPS
Beat
$0.91
$0.86 (2 Analysts)
Q3 EPS
$0.89
Q3 Adjusted EBITDA
Beat
$22 mln
$21.19 mln (2 Analysts)
Q3 Adjusted EBITDA Margin
13.4%


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy."

Wall Street's median 12-month price target for Ibex Ltd is $37.50, about 32.3% above its May 5 closing price of $28.35

The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 11 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)