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WNS net loss at $6 million


August 09, 2010

WNS net loss at $6 million

For the first quarter ended June 30, business process outsourcing firm WNS (Holdings) reported a net loss of $6 million, compared with a net income of $1 million in the same quarter last year. Revenue at $89.3 million was down 8.8 per cent from $97.9 million in the same quarter last year.

Sequentially (quarter-on-quarter), the company reported a net income of $1 million while revenue was down 7.7 per cent. WNS has guided revenue in the range of $353 million to $378 million for financial year 2011.

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