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Why TaskUs Is Up 17% Wednesday

TheMotleyFool

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Shares of online customer service outfit TaskUs (NASDAQ: TASK) are up 17.5% at midday today following the release of the company's second-quarter results. Revenue improved 57% year over year, driving even bigger growth in operating EBITDA.

For the three-month stretch ending in June -- its first quarter as a publicly traded entity -- TaskUs turned $180.0 million worth of sales into adjusted EBITDA of $44.1 million, up from the year-ago comps of $144.4 million and $26.4 million, respectively.

Image source: Getty Images.

Source Fool.com

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