Benzinga | Jan 21, 2022 03:03PM EST

TaskUs Issues Response To Short Seller, Says Recent Report Contains 'numerous inaccuracies and mischaracterizations of our business and future prospects'

TaskUs, Inc. (NASDAQ:TASK), a leading tech-enabled services provider to the world's most innovative companies, issued the following statement:

The Company and Board are aware of the recent report published by a short seller, which contains numerous inaccuracies and mischaracterizations of our business and future prospects. After reviewing the report, we believe it is designed for the sole purpose of negatively impacting TaskUs' share price for the short seller's own benefit, at the expense of TaskUs teammates, clients and shareholders. We remain confident in our strategy, our value proposition and our ability to create value for all our stakeholders. We look forward to sharing our Q4 and FY 2021 results and FY 2022 outlook on our quarterly earnings call.