Technology

ExlService Holdings, Inc. (NASDAQ:EXLS), a data-analytics and digital-operations company, beat expectations in the second quarter with strong revenue growth led by a surge in its AI-related business, and it raised its full-year guidance.

GDEV Inc. (NASDAQ:GDEV), a mobile-gaming company behind titles such as Hero Wars, grew its net profit and generated positiveOperating Cash Flowin the second quarter, even as its revenue and bookings declined on lower paying-user counts.

Genpact Limited (NYSE:G), a provider of digital operations, data and artificial-intelligence services, beat expectations in the second quarter as its advanced-technology services accelerated, and it raised its outlook.

AppFolio, Inc. (NASDAQ:APPF), a provider of cloud software for the real-estate property-management industry, delivered strong revenue growth, crossed $1 billion in trailing revenue and expanded its margins andCash Flowin the second quarter, beating expectations and raising its guidance.

Arlo Technologies, Inc. (NYSE:ARLO), a maker of smart-home security cameras and services, delivered record revenue with surging paid subscribers and sharply higher profitability in the second quarter, beat expectations, and raised its outlook. In its latest close, the stock fell 4.41%.

VTEX (NYSE:VTEX), trading as aPenny Stockat $3.61, rose 0.28% at last closing. The provider of enterprise e-commerce software with a strong presence in Latin America delivered strong profitability and cash-flow gains in the second quarter even as itsRevenuegrowth slowed, and it emphasized an AI-led …

Paylocity (NASDAQ:PCTY) fell 2.62% to $156.02 at last closing. The provider of cloud-based human-resources and payroll software delivered double-digit revenue and recurring-revenue growth in its fiscal fourth quarter, beat expectations, and advanced its AI-driven product expansion. For investors, the question is what catalyst could …