TaskUs Shares Surge 16% Following Q4 Results 
<p><a href='https://financialmodelingprep.com/financial-summary/TASK'>TaskUs, Inc. (NASDAQ:TASK) </a>shares rose more than 16% on Tuesday following the company’s strong Q4 results, with EPS of $0.34 coming slightly above the consensus estimate of $0.33. Revenue was $226.8 million, beating the consensus estimate of $216.01 million.</p>
<p>According to the analysts at RBC Capital, Q4 earnings and guidance (expected Q1/22 revenue of $0.98-1 billion) suggest the company continues to go deeper and more complex with existing clients while winning new and broader mandates with new clients. </p>
<p>Following the results and outlook, the analysts raised their 2022 and 2023 revenue/Adjusted EBITDA estimates to $990 million/$228 million and $1.2 billion/$290 million from $957 million/$218 million and $1.2 billion/ $265 million, respectively. </p>
<p>Despite strong results, the analysts lowered their price target on the company’s shares to $46 from $62 to reflect the current market volatility and peer comparisons. </p>

NASDAQ:TASK