TTEC: Q2 Earnings Snapshot
By AP News
Published - Aug 08, 2024, 05:27 PM ET
Last Updated - Aug 08, 2024, 05:27 PM EDT
GREENWOOD VILLAGE, Colo. (AP) — GREENWOOD VILLAGE, Colo. (AP) — TTEC Holdings Inc. (TTEC) on Thursday reported a loss of $299.5 million in its second quarter.
The Greenwood Village, Colorado-based company said it had a loss of $6.29 per share. Earnings, adjusted for restructuring costs and non-recurring costs, were 14 cents per share.
The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 29 cents per share.
The customer engagement management company posted revenue of $534.1 million in the period, which also missed Street forecasts. Three analysts surveyed by Zacks expected $554.7 million.
