|Bid||0.00 x 900|
|Ask||0.00 x 1200|
|Day's range||64.00 - 74.20|
|52-week range||26.66 - 85.49|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Earnings date||10 Aug 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||49.67|
The stock market was able to sustain its positive momentum on Monday, following through after a big upward move last week. The Dow Jones Industrial Average (DJINDICES: ^DJI) wasn't able to join in on the fun, but the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) both added to their recent gains. As Wall Street has grown more optimistic, some naysayers have feared that the stock market might be getting frothy.
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. 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. It expects its EBITDA margin rate to contract just a little before recovering during the final quarter of the year.
Good afternoon, and thank you for joining us for the TaskUs second-quarter 2021 earnings call. Joining me on the call today are Bryce Maddock, co-founder and chief executive officer of TaskUs; and Balaji Sekar, chief financial officer. Before we start, I would like to remind you that the following discussion contains forward-looking statements within the meaning of the federal securities laws, including, but not limited to, statements regarding TaskUs' future financial results and management's expectations and plans for the business.