Shares of WNS (Holdings) Limited (NYSE: WNS) fell around 3-4% in pre-market trading on Thursday after the digital business transformation services provider reported mixed results for the second quarter of fiscal 2025 and lowered its full-year guidance.
For the quarter ended September 30, 2024, WNS reported revenue less repair payments of $310.7 million, down 4.4% year-over-year but beating analyst estimates of $314.76 million. The company delivered adjusted earnings per share (EPS) of $1.13, surpassing the consensus estimate of $0.99, driven by a one-time tax benefit and favorable currency movements.
However, the company's outlook for the full fiscal year was less optimistic. WNS lowered its fiscal 2025 guidance, citing challenges in the online travel segment, the offshore delivery transition of a large internet customer, and reductions in discretionary project work. The company now expects revenue less repair payments to be between $1,250 million and $1,296 million, down from its previous guidance range of $1,284.3 million. Non-GAAP adjusted net income (ANI) is expected to be in the range of $190 million to $200 million, compared to $218.0 million in fiscal 2024.