Welcome to our dedicated page for Ttec Hldgs news (Ticker: TTEC), a resource for investors and traders seeking the latest updates and insights on Ttec Hldgs stock.
TTEC Holdings, Inc. (NASDAQ: TTEC) generates a steady flow of news as a global customer experience (CX) technology and services company focused on AI-enabled CX. Its announcements highlight developments across its TTEC Digital and TTEC Engage businesses, covering technology partnerships, geographic expansion, client programs, awards, and financial performance.
Readers following TTEC news can expect updates on digital transformation initiatives, such as TTEC Digital’s recognition as a Leader and Star Performer in Everest Group’s 2025 PEAK Matrix® Assessment for Digital Transformation Services for Mid-market Enterprises. News also covers collaborations with major technology providers, including TTEC Digital’s selection for Microsoft’s AI Business Solutions Inner Circle and its work with partners like VoxEQ to bring real-time voice biometrics and fraud prevention into SmartApps Cloud for financial services organizations.
TTEC’s news flow frequently features global delivery and expansion milestones. Recent releases describe growth in Latin America, where TTEC operates delivery centers in Mexico, Colombia, and Brazil serving banking and financial services clients, and expansion of operations in Egypt as part of its global offshoring network. Coverage also includes recognition for multilingual CX and diversity-focused operations in locations such as Greece.
Investors and CX professionals will also find earnings-related news, including quarterly results, segment commentary for TTEC Digital and TTEC Engage, and outlook updates. Additional stories highlight TTEC’s annual CX trends reports, which discuss themes like agentic AI, technology stack alignment, precision personalization, empathy in CX, and resilience. Together, these articles provide insight into how TTEC combines technology, analytics, and human expertise to shape its role in the customer experience industry.
TTEC Holdings, Inc. (NASDAQ:TTEC) has been awarded the prestigious Microsoft Business Applications Inner Circle award for 2022/2023, recognizing its top-ranking sales achievements among Microsoft partners. This marks the seventh consecutive year TTEC Digital has received this honor. The company's commitment to customer success and its dedication to digital transformation have set it apart in the competitive CX solutions market. Additionally, TTEC Digital was named a Microsoft Partner of the Year Finalist for 2022/2023 in Dynamics 365 Customer Insights & Marketing, further highlighting its industry excellence.
TTEC Holdings, Inc. (NASDAQ: TTEC) announced a cash dividend of $0.52 per share, set to be paid on October 26, 2022, to shareholders recorded by October 11, 2022. This dividend represents a 10.6% increase over the previous year's payment in October 2021 and a 4.0% increase compared to the April 2021 dividend. TTEC is known for its innovative customer experience solutions, employing nearly 60,000 staff globally, and aims to enhance customer interactions through advanced technology.
TTEC Holdings, Inc. (NASDAQ:TTEC) has announced the launch of the inaugural CXcellence Awards, in partnership with the Customer Strategist Journal, to recognize outstanding customer and employee experiences. Nominations opened on Sept. 26 and will be accepted until Oct. 24. Awards will honor achievements in various categories, including Best Overall CX and Best Use of Emerging Contact Center Channel. Winners will be featured in the February 2023 issue of the journal. The initiative aims to promote innovation and excellence in the rapidly evolving customer experience sector.
TTEC Government Solutions LLC, a subsidiary of TTEC Holdings (NASDAQ:TTEC), has secured a significant contract to manage customer contact operations for major tolling authorities in the New York-New Jersey area. This includes the New York State Thruway Authority and The Port Authority of New York and New Jersey. The contract, which began its implementation phase in summer 2022, aims for a go-live date in January 2024. TTEC will leverage its extensive public sector experience and recent acquisitions to enhance customer care operations for toll authorities.
TTEC Holdings, a leader in customer experience technology, has appointed Charles Koskovich as the new Chief Operating Officer (COO) of TTEC Engage. Koskovich brings over 30 years of experience in the industry, having previously served as TTEC's COO and held leadership roles at TELUS International and Concentrix. His focus will be on enhancing employee experience and driving international expansion, integral to TTEC's growth strategy. CEO Shelly Swanback emphasized that Koskovich's leadership will amplify the company's core values and future initiatives.
TTEC Holdings, Inc. (NASDAQ: TTEC) has been chosen as a development partner by KCH Interventional Facilities Management to facilitate their digital transformation using Microsoft Dynamics 365 and Power Platform. TTEC Digital's extensive healthcare experience will enhance operational efficiencies and patient experiences. The partnership underscores TTEC's strong Microsoft credentials and its recognition as a Microsoft Gold Partner for six consecutive years. This collaboration aims to bolster KCH's value to UK healthcare providers.
TTEC Holdings, Inc. (NASDAQ:TTEC) has launched a new global delivery center in Cape Town, South Africa, initially focusing on customer experience (CX) services for a global automotive leader. CEO Shelly Swanback stated that this expansion aims to enhance geographic presence and deliver superior customer value. South Africa is recognized for its talent pool and strong English capabilities, attracting interest from U.S. clients. TTEC operates over 70 centers globally, emphasizing the importance of operational efficiency and customer service amidst economic challenges.
TTEC Holdings reported second-quarter 2022 revenue of $604.3 million, an 8.9% increase year-over-year. Operating income was $35.9 million (5.9% of revenue), with non-GAAP operating income at $61.2 million (10.1% of revenue). Net income was $25.2 million, translating to EPS of $0.53. TTEC signed $170 million in new bookings. Despite strong cash flows and a 16.3% increase in dividends, the outlook for the remainder of the year shows a more cautious approach due to changing client decisions and growth moderation.
TTEC Holdings, Inc. (NASDAQ:TTEC) has opened its first delivery center in Colombia, focusing initially on telecommunications clients. This facility will serve a major US telecommunications firm, creating hundreds of jobs, with ambitions to grow the workforce to thousands. The center aims to provide near and offshore outsourcing solutions, responding to rising demand amid wage inflation. Colombia's multi-lingual talent pool and favorable time zone are key advantages. TTEC's expansion will enable clients to enhance efficiencies and customer service.
TTEC Holdings, Inc. (NASDAQ:TTEC) announced the release of its second quarter 2022 financial results, scheduled for August 9, 2022, after market close. A conference call and webcast will follow on August 10, 2022, at 8:30 a.m. ET. TTEC, a leader in customer experience technology and services, focuses on delivering digital CX solutions through its proprietary CXaaS platform. The company serves major global brands and employs nearly 62,000 individuals across six continents, emphasizing its commitment to enhancing customer experiences.