10:41 AM EDT, 09/12/2025 (MT Newswires) -- Ibex's (IBEX) fiscal Q4 beat was driven by accelerating revenue growth, digital and omni-channel momentum, and scaling of GenAI offerings, RBC Capital Markets said.

Management pointed to strength with its second-largest customer, a large ecommerce firm, where the company expanded in every market and added geographic reach in Central America, the brokerage said in a Thursday note.

Adjusted earnings before interest, taxes, depreciation, and amortization margin contracted by about 50 basis points from a year earlier as Ibex increased investments to support its expansion into India.

Following the results and the company's guidance, RBC raised its fiscal 2026 revenue and adjusted EBITDA estimates to $608.8 million and $78.3 million from $573 million and $74.5 million, respectively. The firm also initiated fiscal 2027 forecasts of $649.9 million in revenue and $84.9 million in adjusted EBITDA.

RBC increased its price target to $39 per share from $31, with a sector perform rating

Shares of Ibex were up nearly 38% in recent Friday trading.

Price: 42.02, Change: +11.56, Percent Change: +37.95