TTEC Holdings (TTEC) Misses Q2 EPS by 16c, Misses on Revenue; Offers FY24 Revenue Guidance

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Go back to TTEC Holdings (TTEC) Misses Q2 EPS by 16c, Misses on Revenue; Offers FY24 Revenue Guidance

TTEC Announces Second Quarter 2024 Financial Results

August 8, 2024 4:05 PM EDT

Second Quarter 2024

Revenue was $534.1 Million, down 11.0 Percent
Operating Loss of $224.4 Million or negative 42.0 Percent of Revenue, due to $233.5 Million
Non-cash Goodwill Impairments and Related Tax Adjustments
(Operating Income of $29.5 Million or 5.5 Percent of Revenue Non-GAAP)
Net Loss of $296.8 Million or negative 55.6 Percent of Revenue
(Net Income of $6.6 Million or 1.2 Percent of Revenue Non-GAAP)
Adjusted EBITDA was $46.2 Million or 8.7 Percent of Revenue
Fully Diluted Net Loss Per Share of $6.23 (Net Income Per Share of... More