Shares of TaskUs Inc. (TASK) surged 6.49% in pre-market trading on Friday following the company's impressive third-quarter earnings report. The outsourced digital services provider beat analyst expectations on key metrics and showcased strong growth in its AI Services segment.
TaskUs reported total revenues of $298.7 million for Q3, representing a 17.0% year-over-year increase and surpassing the analyst consensus estimate of $287.4 million. The company's adjusted earnings per share (EPS) came in at $0.42, beating the expected $0.39 and marking a 13.51% increase from the same period last year.
The standout performer was TaskUs' AI Services segment, which grew over 50% year-over-year for the third consecutive quarter. This impressive growth underscores the company's strategic focus on AI-related offerings. CEO Bryce Maddock highlighted the company's plans to increase investments in Generative AI-led transformation services to support clients in the evolving AI landscape.
Adding to investor optimism, TaskUs provided a positive outlook for the fourth quarter and full year 2025. The company expects Q4 revenue between $302.4 million and $304.4 million, with full-year revenue projected to range from $1,173 million to $1,175 million, reflecting an 18.0% year-over-year growth at the midpoint. TaskUs also anticipates maintaining a strong adjusted EBITDA margin of approximately 21.1% for the full year.
The market's enthusiastic response to TaskUs' earnings report reflects investor confidence in the company's growth trajectory, particularly in the high-demand AI services sector. As TaskUs continues to capitalize on the AI trend and deliver solid financial results, it appears well-positioned for future growth in the dynamic digital services market.