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.
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TTEC Holdings, Inc. (NASDAQ:TTEC) has announced its first quarter 2022 earnings release set for after market close on May 4, 2022. A live conference call will occur the following day at 8:30 a.m. ET. The company's focus remains on delivering innovative customer experience (CX) solutions through its cloud-based CXaaS platform, serving a range of global clients.
For more details, investors can access the live webcast on the company website.
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ALJ Regional Holdings, Inc. (NASDAQ: ALJJ) has completed the sale of its tolling and transportation, and health benefit exchange verticals from its subsidiary, Faneuil, Inc., to TTEC Holdings, Inc. (NASDAQ: TTEC) for $142.3 million in cash, with the potential for an additional $25 million in earn-out payments. This transaction was finalized under an amended Asset Purchase Agreement from December 2021. Other verticals of Faneuil will continue to operate under ALJ, focusing on delivering customer experiences across diverse industries.
TTEC Holdings, Inc. (NASDAQ: TTEC) has successfully completed its acquisition of public sector citizen experience and smart city assets from Faneuil, Inc., a subsidiary of ALJ Regional Holdings (NASDAQ: ALJJ). This strategic move targets a total addressable market of approximately $19 billion in digital citizen experience solutions. TTEC aims to enhance service delivery for public sector clients, leveraging its technological capabilities and expertise. The integration is expected to bolster TTEC's Engage business segment, addressing increasing demand in areas such as mobility and health service delivery.
TTEC Holdings, Inc. (NASDAQ: TTEC) announced the release of its inaugural Environmental, Social, and Governance (ESG) report on March 22, 2022. The report outlines TTEC's commitment to ESG principles, reflecting its values-driven approach and dedication to achieving significant ESG outcomes. Key highlights include a global framework for aligning business objectives with ESG best practices, focusing on employee success, corporate governance, community investment, and environmentally responsible practices. The complete report is accessible on TTEC's website.
TTEC Holdings (NASDAQ: TTEC) announced its Leadership Development Internship Program has received the 2022 Campus Forward Award in the Small Early Career Programs category by RippleMatch. This recognition highlights TTEC's commitment to developing future leaders and creating diverse teams through impactful internships. The selective, paid 10-week program is designed for rising college seniors and includes mentorship, high-impact projects, and access to senior leadership. TTEC continues to invest in innovative recruiting strategies and diversity initiatives.
TTEC Holdings, Inc. (NASDAQ: TTEC) reported strong financial results for Q4 and FY 2021, with revenues of $612.3 million and $2.273 billion, respectively, marking increases of 7.2% and 16.6% year-over-year. The company achieved GAAP EPS of $0.61 and $2.97 for Q4 and FY 2021, respectively. Key highlights include record bookings of $751 million and strategic acquisitions like Avtex Solutions and Faneuil, Inc. For 2022, TTEC projects revenue between $2,575 million and $2,605 million, with non-GAAP EPS guidance of $4.70 to $4.97, reflecting continued growth and market expansion.
TTEC Holdings, Inc. (NASDAQ: TTEC) declared a $0.50 cash dividend per common share, marking a 6.4% increase from the previous dividend in October 2021 and 16.3% from April 2021. This dividend payment is scheduled for April 20, 2022, to shareholders on record by March 31, 2022. TTEC is a global leader in customer experience technology and services, dedicated to enhancing customer journeys through its advanced digital solutions.