WNS (Holdings) Ltd. reported third-quarter FY21 revenue growth of 19.2 percent year-on-year to $284.1 million. Revenue less repair payments were $261.2 million, up 16.3 percent Y/Y, beating the consensus of $255.7 million. New client additions, expanding existing relationships, increased travel volumes, and currency movements net of hedging drove the growth. WNS added 11 new clients in…
Macquarie Upgrades IronSource to Outperform on Q3 Beat, Q4 Outlook; Considers Selloff as Misplaced
Macquarie analyst Tim Nollen upgraded ironSource Ltd. to Outperform from Neutral with an unchanged price target of $14, implying 61.66 percent upside. ironSource reported “good results” and raised guidance, so the roughly 40 percent stock selloff since November 10 looks “misplaced,” Nollen tells investors. ironSource’s Q3 revenue of $140 million, up 60 percent year-on-year, beat…
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