TTEC Holdings Inc
TTEC
ISIN US89854H1023 / Valor 39735470
TTEC Holdings Inc
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About company
TTEC Holdings Inc. is a global leader in customer experience technology and services, offering AI-enabled digital solutions to iconic brands. With a focus on improving the customer journey, TTEC's outcome-based solutions cover various virtual interaction channels and enterprise touchpoints. The company's TTEC Digital business specializes in designing and operating omnichannel contact center technology, CRM, AI, and analytics solutions, while TTEC Engage provides AI-enabled customer engagement, tech support, and fraud prevention services. With over 60,000 employees worldwide, TTEC has been dedicated to delivering exceptional customer experiences for over 40 years, helping companies optimize customer care, tech support, sales, and trust and safety solutions to achieve high customer satisfaction at a low cost.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (14.08.2024):
Revenue
TTEC Holdings Inc. reported a revenue of $576.6 million for the first quarter of 2024, which represents an 8.9 percent decrease compared to the $633.3 million reported in the same period of the previous year. The revenue was positively impacted by foreign exchange, contributing $1.8 million.
Income from Operations
For the first quarter of 2024, TTEC Holdings Inc. recorded a GAAP income from operations of $22.7 million, or 3.9 percent of revenue. This is a decline from the $44.4 million, or 7.0 percent of revenue, reported in the prior year. On a Non-GAAP basis, income from operations was $37.9 million, or 6.6 percent of revenue, compared to $60.7 million, or 9.6 percent, in the previous year.
Adjusted EBITDA
TTEC Holdings Inc. reported a Non-GAAP Adjusted EBITDA of $54.9 million for the first quarter of 2024, which is 9.5 percent of revenue. This is a decrease from the $82.9 million, or 13.1 percent of revenue, reported in the same quarter of the previous year.
Earnings Per Share
In the first quarter of 2024, TTEC Holdings Inc. reported a GAAP fully diluted earnings per share (EPS) of $0.01, compared to $0.44 in the prior year. On a Non-GAAP basis, the fully diluted EPS was $0.27, down from $0.78 in the previous year.
Cash Flow and Balance Sheet
For the first quarter of 2024, TTEC Holdings Inc. reported a negative cash flow from operations of $15.6 million, compared to a positive $49.1 million in the same period of 2023. As of March 31, 2024, the company had cash and cash equivalents of $91.5 million and a net debt position of $865.3 million, up from $781.8 million in the previous year.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
856 M
Market cap (USD)
341,276
Daily traded volume (Shares)
4.635 / 4.49
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
Est EPS (USD)
Ratings & reviews
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