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TaskUs TaskUs Announces Fiscal Third Quarter 2021 Results November 10 , 2021 • Third quarter total revenues of $ 201.1 million , representing 64.2 % of year - over - year growth , which was entirely organic . • GAAP net income margin of 5.8 % , including non - cash stock - based compensation expense of $ 19.2 million . • Adjusted EBITDA margin of 23.9 % , non - GAAP adjusted net income margin of 16.3 % . • Full year 2021 outlook for revenues between $ 747 and $ 751 million , representing growth of approximately 56.7 % at the midpoint , and Adjusted EBITDA margins of between 24.0 % and 24.2 % . NEW BRAUNFELS , Texas , Nov. 10 , 2021 ( GLOBE NEWSWIRE ) Taskus , Inc. ( Nasdaq : TASK ) , a leading outsourcing provider for high growth companies , today announced its results for the third quarter of 2021 , ended September 30 , 2021 . " We had a tremendous quarter in signings , revenue , profit , client retention and employee satisfaction , " said Co - Founder and CEO , Bryce Maddock . " In the third quarter of 2021 , we saw year - over - year revenue growth of over 64 % , which was entirely organic , and Adjusted EBITDA margins of almost 24 % . These results are all thanks to the hard work of our teammates throughout the globe . We hired approximately 4,100 net new TaskUs teammates this quarter with a fill rate of approximately 99 % - evidence that our investment in building the best employee experience in our industry continues to pay off . Revenues ( in millions ) $ 201.1 Q3 2021 $ 122.4 Q3 2020 Organic + 64.2 % Revenue growth As of September 30 , 2021 -35,600 Teammates 4.7 Glassdoor score -- GAAP Net Income ( in millions ) $ 11.6 03 2021 5.8 % margin $ 11.5 Q3 2020 9.4 % margin $ 48.1 Q3 2021 23.9 % margin Adjusted EBITDA ( in millions ) GAAP diluted EPS Q3 2021 includes non - cash stock - based compensation expense of $ 19.2 million . $ 30.1 Q3 2020 24.6 % margin $ 0.11 Q3 2021 $ 0.12 03 2020 Non - GAAP Adjusted EPS $ 0.30 Q3 2021 $ 0.24 Q3 2020 Third Quarter 2021 Financial Highlights • Revenues were $ 201.1 million , representing 64.2 % year - over - year organic growth compared to the third quarter of 2020 . • GAAP net income was $ 11.6 million , representing a margin of 5.8 % , compared with GAAP net income in the third quarter of 2020 of $ 11.5 million , representing a margin of 9.4 % . The third quarter of 2021 included non - cash stock - based compensation expense of $ 19.2 million . • Adjusted EBITDA was $ 48.1 million , representing an Adjusted EBITDA margin of 23.9 % , compared to Adjusted EBITDA of $ 30.1 million and an Adjusted EBITDA margin of 24.6 % in the third quarter of 2020 . • Non - GAAP Adjusted Net Income was $ 32.8 million representing a non - GAAP Adjusted Net Income Margin of 16.3 % compared to $ 22.2 million and 18.1 % in the third quarter of 2020 . • GAAP diluted earnings per share was $ 0.11 compared to $ 0.12 in the period a year ago . • Non - GAAP Adjusted EPS was $ 0.30 compared to $ 0.24 in the period a year ago . Third Quarter 2021 Frontline Highlights • Ended the quarter with 35,600 teammates ( approximately 90 % working from home ) , an increase of approximately 4,100 from June 30 , 2021 , with a fill rate of approximately 99 % . • TaskUs India offices reaches almost 5,000 employees within 2 years of country launch ; making India the fastest growing country in TaskUs history .