TTEC Announces Fourth Quarter and Full Year 2018 Financial Results

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Teletech Holdings (TTEC) Misses Q4 EPS by 13c, Revenues Beat; Offers FY19 Revenue Guidance Above Consensus

March 6, 2019 4:09 PM EST

Teletech Holdings (NASDAQ: TTEC) reported Q4 EPS of $0.63, $0.13 worse than the analyst estimate of $0.76. Revenue for the quarter came in at $418.9 million versus the consensus estimate of $409.61 million.

Revenue

Fourth quarter 2018 GAAP revenue decreased 1.8 percent to $419.1 million compared to $426.6 million in the prior year period.Non-GAAP AHFS/WD revenue decreased 1.0 percent to $418.9 million compared to the prior year period.ASC 606 and foreign exchange had a net $4.2 million positive and $5.4 million negative impact, respectively, on revenue in fourth quarter 2018.

Income from Operations

Fourth quarter 2018 GAAP income from... More