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, Inc. (NASDAQ:TTEC), a global leader in AI-enabled customer experience (CX) solutions, has announced its schedule for the release of second quarter 2024 earnings. The company will release its earnings results after market close on Thursday, August 8, 2024, followed by a press release. A live webcast and conference call will be held at 8:30 a.m. ET on Friday, August 9, 2024.
Investors and interested parties are invited to join the live webcast through the 'Investors Relations' section of the TTEC website. For those unable to attend the live event, a replay will be made available on the company's website.
TTEC, a global CX technology and services leader, has been recognized as a Major Contender and Star Performer in Everest Group's Trust and Safety Services PEAK Matrix® Assessment 2024. This accolade highlights TTEC's exceptional delivery of trust and safety solutions. According to the assessment, TTEC has made a significant market impact and demonstrated strong vision and capability. TTEC's solutions, enhanced by AI and machine learning, help clients build robust trust and safety frameworks, mitigate risks, and safeguard customer interests. The recognition underscores TTEC's commitment to innovation and excellence in customer experience.
TTEC Holdings, Inc. (NASDAQ:TTEC) announced financial results for Q1 2024 with revenue of $576.6 million, down 8.9%. Operating income was $22.7 million, net income $0.5 million. Adjusted EBITDA was $54.9 million. Fully diluted EPS was $0.01. Outlook reiterated for full year 2024. The company saw positive momentum in TTEC Digital and aims for increased profitability in TTEC Engage. Cash flow for Q1 was ($15.6) million. The company had cash equivalents of $91.5 million and a net debt of $865.3 million. The Board declared a dividend of $0.06 per share. Segment reporting showed decreases in revenue for both TTEC Digital and TTEC Engage. The company expressed confidence in the CX marketplace and its technology capabilities.
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