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. reports developments in customer experience technology, consulting and managed services at the intersection of data, AI and CX. Its updates commonly cover TTEC Digital, which designs, builds and operates omnichannel contact center technology, CRM, AI and analytics solutions, and TTEC Engage, which provides AI-enhanced customer engagement, acquisition, tech support, back-office and fraud prevention services.
Company news also includes earnings releases, outlook updates, client activity, product and practice launches such as AI Gateway and Fin-TTEC, leadership changes within TTEC Digital, and recognition tied to global operations. Coverage reflects a business serving enterprise brands across virtual interaction channels and operating on six continents.
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.
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TTEC Holdings, Inc. (NASDAQ:TTEC) has been chosen as a launch partner for Microsoft's Digital Contact Center Platform, announced at Inspire 2022. This platform combines advanced tools such as Nuance, Microsoft Dynamics 365, Microsoft Teams, and Azure, aimed at enhancing customer experience (CX) through secure omnichannel solutions. TTEC, a long-time Microsoft Gold partner, specializes in digital CX solutions, managing millions of customer interactions daily. The collaboration aligns with TTEC's strategy to provide comprehensive customer service and improve engagement via AI capabilities.
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TTEC Holdings, Inc. (NASDAQ:TTEC) has launched Adapt Now, an outsourcing solution aimed at enhancing customer experience (CX) and providing guaranteed cost savings. This initiative will be showcased at Customer Contact Week in Las Vegas on June 21, 2022. TTEC aims to help brands navigate economic pressures and improve operational efficiencies through various outsourcing strategies including geographic diversity and intelligent automation. The company has a 40-year history of CX innovation, serving major brands globally.
TTEC Holdings, Inc. (NASDAQ: TTEC) has been named the Organization of the Year in the 2022 Excellence in Customer Service Awards by the Business Intelligence Group, highlighting its commitment to customer experience (CX) innovation. The award recognizes TTEC's integrated approach to delivering outstanding employee and customer experiences across Canada. The company also earned accolades for Outsource Partner of the Year and Manager of the Year. With nearly 62,000 employees, TTEC specializes in digital CX solutions, enhancing interactions across various platforms.
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TTEC Holdings, Inc. (NASDAQ:TTEC) has received the Great Place to Work® certification for its Canada operations for the second consecutive year. This recognition reflects positive employee feedback from nearly 300 staff members through an anonymous survey, with average scores in key categories—Credibility (78%), Respect (77%), Fairness (79%), Pride (78%), and Camaraderie (80%). TTEC emphasizes a nurturing and inclusive work culture, contributing to reduced turnover and enhanced financial performance. The company is currently hiring over 300 remote positions across Canada.