Ibex Ltd (IBEX)
NASDAQ:IBEX
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Earnings Data
Report Date
Sep 10, 2026After Close (Confirmed)
Period Ending
2026 (Q4)Consensus EPS Forecast
0.85Last Year’s EPS
0.87Same Quarter Last Year
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlighted a strong quarter with record revenue, adjusted EBITDA and EPS, broad-based high-margin vertical and geographic growth (notably HealthTech), robust cash flow, raised guidance, and a strategically important AI partnership that is delivering early wins. Near-term headwinds were noted around margin pressure from work-shifting (nearshore to offshore), a one-time severance and an anticipated asset impairment, a pronounced decline in the telecommunications vertical, and acknowledged potential for some AI-driven cannibalization of human volumes. Overall, the positives—organic double-digit growth across multiple quarters, margin expansion year-to-date, strong client retention and diversification, healthy cash generation, and a potentially transformative AI partnership—materially outweigh the manageable near-term challenges.Company Guidance
Record Revenue Growth
Third quarter revenue of $164.4 million, an increase of 16.8% year-over-year (from $140.7 million), marking the fifth consecutive quarter of double-digit revenue growth.
Strong Earnings and Profitability
Adjusted EPS increased 11% to $0.91 and GAAP diluted EPS rose 22% to $0.89. Net income increased to $13.3 million from $10.5 million year-over-year; adjusted net income increased to $13.6 million from $11.8 million.
Record Adjusted EBITDA
Adjusted EBITDA reached a record $22.0 million (13.4% of revenue). While the quarter showed a 40 basis point decline in adjusted EBITDA margin versus prior year quarter, adjusted EBITDA margin for the first nine months of fiscal 2026 is up 50 basis points to 13.0%.
High-Margin Vertical and Geographic Growth
HealthTech grew ~53.7% (reported as 54%), becoming 20.8% of revenue (vs. 15.8% prior year). Technology grew ~42.6% to 9.2% of revenue. Onshore revenue grew 36.8% and expanded to 27.9% of total revenue (from 23.8%); offshore revenue grew 13.9% and now comprises 50% of total revenue.
Client Retention and Market Share Wins
100% client retention for the quarter and 99.9% revenue retention for the year. Growth within top 10 clients averaged more than 25% over the last five quarters; largest client represented 9% of revenue and top 25 clients represent 77% of revenue—demonstrating both retention and ability to scale strategic customers.
Cash Flow, Balance Sheet and Buybacks
Net cash generated from operations was $11.9 million (vs. $8.8 million prior year). Free cash flow was an inflow of $6.6 million (vs. $3.6 million prior year). Ended quarter with $15.4 million cash and $1.4 million debt (net cash ~$14.0 million). Repurchased ~140,000 shares for $4.5 million in the quarter (310,000 shares for $10.1M year-to-date).
Raised Full-Year Guidance
Revenue guidance raised to $638M–$642M (from $620M–$630M) and adjusted EBITDA guidance raised to $82M–$84M (from $80M–$82M). Capital expenditures guidance increased to $25M–$30M (from $20M–$25M) to support capacity and AI investments.
Strategic AI Partnership and Early Wins
Announced partnership with Sierra ai to integrate market-leading AI agents with ibex CX capabilities. Management reported early decisive wins (including a multi-language airline bake-off win and a rapid launch with a luxury activewear client in ~30 days) and expects AI solutions to be accretive to margins and a high-growth vector.
IBEX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
IBEX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2026 | $28.11 | $32.76 | +16.54% |
Feb 05, 2026 | $34.21 | $34.98 | +2.25% |
Nov 06, 2025 | $36.86 | $36.85 | -0.03% |
Sep 11, 2025 | $30.46 | $41.58 | +36.51% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Ibex Ltd (IBEX) report earnings?
Ibex Ltd (IBEX) is schdueled to report earning on Sep 10, 2026, After Close (Confirmed).
What is Ibex Ltd (IBEX) earnings time?
Ibex Ltd (IBEX) earnings time is at Sep 10, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is IBEX EPS forecast?
IBEX EPS forecast for the fiscal quarter 2026 (Q4) is 0.85.