IBEX Reports Fiscal Q1 Revenue Growth and Raises Full-Year Guidance
Revenue rose 16% year over year to $175.2 million, while net income increased to $14.8 million from $12.0 million. IBEX raised its full-year revenue and adjusted EBITDA guidance.
IBEX Limited reported a record start to fiscal year 2027, with first-quarter revenue reaching $175.2 million, a 16% increase over the prior year. This performance marks the company's seventh consecutive quarter of double-digit organic growth. Net income rose to $14.8 million, up from $12.0 million in the same quarter last year, while diluted earnings per share grew 20% to $0.99. The company also reported record adjusted EBITDA and adjusted EPS, the latter growing 21% to $1.10.
Following these results, management raised its full-year revenue and adjusted EBITDA guidance. Additionally, the company highlighted operational momentum, including the acquisition of four new client logos and continued expansion of its AI agent partnership with Sierra.