Ibex Q4 revenue rises 12% on growth across verticals

IBEX

10/09/2026 21:13

Overview
Outsourced business services firm's Q4 revenue rose 12% yr/yr
Adjusted EPS for Q4 was nearly flat yr/yr
Adjusted EBITDA for Q4 declined slightly from prior year

Outlook
Ibex expects fiscal 2027 revenue of $700 mln to $715 mln, up 9-11%
Company sees fiscal 2027 adjusted EBITDA of $90 mln to $94 mln, up 9-14%
Ibex forecasts Q1 fiscal 2027 revenue of $168 mln to $170 mln, up 11-12%

Result Drivers
VERTICAL GROWTH - Q4 revenue growth driven by strong performance in HealthTech, Technology, Travel, Transportation & Logistics, and Retail & E-Commerce, with accelerating growth in Wave iX solutions
AI AGENT MOMENTUM - Company cited continued momentum in AI Agent solutions and new client wins as supporting results
MARGIN PRESSURE - Net income margin declined due to training costs for new clients and temporary impact from shifting work offshore

Company press release: ID:nGNX98hHXs

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$164.30 mln
$160 mln (2 Analysts)
Q4 Adjusted EPS
Meet
$0.85
$0.85 (2 Analysts)
Q4 EPS
 
$0.59
 
Q4 Adjusted EBITDA
Miss
$20.20 mln
$21.40 mln (2 Analysts)
Q4 Adjusted EBITDA Margin
 
12.30%
 

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 1.2% above its September 9 closing price of $37.04
The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 9 three months ago

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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.)