TTEC Announces First Quarter 2020 Financial Results
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TTEC Holdings (TTEC) Tops Q1 EPS by 16c, Revenues Beat
May 4, 2020 4:08 PM EDTTTEC Holdings (NASDAQ: TTEC) reported Q1 EPS of $0.64, $0.16 better than the analyst estimate of $0.48. Revenue for the quarter came in at $432.2 million versus the consensus estimate of $414.69 million.
FIRST QUARTER 2020 FINANCIAL HIGHLIGHTS
Revenue
First quarter 2020 GAAP revenue increased 9.6 percent to $432.2 million compared to $394.4 million in the prior year period. Foreign exchange had a $1.4 million negative impact on revenue in the first quarter 2020.Income from Operations
First quarter 2020 GAAP income from operations was $40.7 million, or 9.4 percent of revenue, compared to $32.1 million, or 8.1 percent of revenue in the prior year... More