Telus Intl Cda Inc Stock Price, News & Analysis

TELUS Digital (NYSE and TSX: TIXT) has announced it will release its fourth quarter 2024 financial results on February 13, 2025, before North American markets open. The company will host a conference call at 10:30 a.m. ET / 7:30 a.m. PT on the same day, featuring management's review of results and a Q&A session with pre-qualified analysts. The conference call will be available via webcast on the company's Investor Relations website, with a replay option provided after the event.

TELUS Digital (NYSE and TSX: TIXT) has issued a statement addressing recent trading activity in its shares following media coverage about changes in third-party fact-checking practices by a major social media company. The company clarifies that it does not provide fact-checking services in the U.S. to the company in question.

As part of its Trust, Safety & Security portfolio, TELUS Digital provides content moderation services primarily in Europe, where specific laws govern moderation. These services include channel management, user safety, identification verification, and fraud detection. The company moderates content related to criminal activity, fraud, abuse, hate, terrorism, and other harmful content.

TELUS Digital's service portfolio also includes Digital Customer Experience (CX), AI Data Solutions, and Enterprise Digital & Technology Services. The company will announce its Q4 and full-year 2024 results in February.

TELUS Digital reported Q3 2024 financial results showing mixed performance. Revenue reached $658 million, down 1% year-over-year, while posting a net loss of $32 million. The company's Adjusted EBITDA was $95 million with a 14.4% margin, decreasing from 21% in Q3 2023. Despite challenges, the company maintained strong AI-related sales momentum, winning new contracts including projects with Japanese automotive clients and a Santa Clara-based chip maker. The company expanded business across technology, financial services, e-commerce, fintech, and wellness sectors, while growing existing services with over 80 clients including Google and major social media networks.

TELUS Digital (NYSE and TSX: TIXT) has been named a 'Leader' in NelsonHall's NEAT Vendor Evaluation for CX Services in High Tech & Automotive sectors. The company earned this top ranking for its ability to combine advanced AI solutions, including its GenAI platform Fuel iX, with human expertise in delivering customer experience services. NelsonHall highlighted TELUS Digital's use of GenAI and automation, expertise in data training and annotation, and global delivery capabilities. The company provides important services for the automotive sector, including data annotation for Advanced Driver Assistance Systems (ADAS), Field Operational Testing, and Driver Monitoring Systems, delivering over two billion data annotations annually.

TELUS Digital (NYSE and TSX: TIXT) has announced the release of its third quarter 2024 financial results on November 8, 2024, before North American markets open. The company will also host a conference call on the same day at 1:30 p.m. (ET) / 10:30 a.m. (PT) to review the results. Management will present the quarterly performance, followed by a Q&A session with pre-qualified analysts.

Investors and interested parties can access a live webcast of the conference call on the TELUS Digital Investor Relations website. For those unable to attend the live event, a replay will be made available on the same website after the call concludes.

TELUS, a global communications and IT company, released findings from its 2024 Data & Trust survey, revealing growing concerns about data privacy among American consumers. Key findings include:

• 82% believe data privacy matters more now than ever
• 74% worry about how organizations handle their personal data
• 88% consider a company's data handling reputation important for business decisions
• 86% agree trust in a business inspires them to buy or use its products/services
• 52% think about data privacy daily

The survey also highlighted concerns about AI development, with 86% wanting AI to be developed carefully and 81% emphasizing the importance of clarity and transparency. TELUS remains committed to leading in data trust, privacy, and security, having secured various certifications and awards for its practices.

A new survey from TELUS Digital Experience (NYSE and TSX: TIXT) reveals that 81% of Americans use voice technology daily or weekly, with 68% increasing their usage over the past year. The survey highlights the growing importance of voice tech in the customer journey, with 58% of respondents more likely to try a brand incorporating voice tech in their customer service.

Key findings include:

• 25% of Americans tried voice tech for the first time in the last month
• 69% had a positive first experience and continue using it
• Top reasons for using voice tech: speed, convenience, and multitasking
• 65% experienced misunderstandings with voice assistants
• 53% want improved accuracy in responses
• 46% desire better understanding of accents and dialects

The survey, conducted in August 2024, included 1,000 US respondents aged 18+ familiar with voice technology.

TELUS has acquired 2,593,631 subordinate voting shares of TELUS Digital through market purchases on the Toronto Stock Exchange. This acquisition represents an additional 2.35% interest in TELUS Digital subordinate voting shares since TELUS' prior early warning report on August 16, 2024. TELUS now holds approximately 5.99% of the outstanding subordinate voting shares.

The purchase was made under the normal course purchase exemption. After the acquisition, TELUS holds 152,004,019 multiple voting shares and 6,624,822 subordinate voting shares, representing about 92.5% of outstanding multiple voting shares, 6.0% of outstanding subordinate voting shares, and 87.0% of outstanding voting rights of TELUS Digital.

TELUS CEO Darren Entwistle stated that these purchases reflect their confidence in TELUS Digital's long-term profitable growth strategy and are not part of a privatization plan.

TELUS Digital (NYSE and TSX: TIXT) has officially rebranded from TELUS International, reflecting its commitment to providing digital-first experiences across all client services. The company aims to seamlessly integrate digital, AI-powered, and human interactions to optimize customer journeys and employee experiences.

Key highlights include:

• Jason Macdonnell appointed as Acting CEO and President of TELUS Digital Customer Experience
• Tobias Dengel as President of TELUS Digital Solutions
• AI-related business contributed ~15% to overall revenue in H1 2024, growing 13% YoY
• Launch of Fuel iX, an advanced GenAI engine, and Fuel EX, an employee productivity application
• Introduction of Humanity-in-the-loop principles for responsible AI approach
• Continued recognition as an industry leader with multiple awards and certifications