TTEC Announces Second Quarter 2019 Financial Results

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Teletech Holdings (TTEC) Tops Q2 EPS by 19c, Revenues Beat; Raises FY19 Revenue Guidance

August 7, 2019 4:57 PM EDT

Teletech Holdings (NASDAQ: TTEC) reported Q2 EPS of $0.34, $0.19 better than the analyst estimate of $0.15. Revenue for the quarter came in at $392.5 million versus the consensus estimate of $374.65 million.

Revenue

Second quarter 2019 GAAP revenue increased 12.2 percent to $392.5 million compared to $349.9 million in the prior year period.Foreign exchange had a $1.1 million negative impact on revenue in the second quarter 2019.

Income from Operations

Second quarter 2019 GAAP income from operations was $22.9 million, or 5.8 percent of revenue, compared to $13.5 million, or 3.9 percent of revenue in the prior year period.Non-GAAP income from... More