TTEC Announces Third Quarter 2019 Financial Results

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Teletech Holdings (TTEC) Tops Q3 EPS by 8c, Revenues Beat; Offers FY19 Revenue Outlook

November 5, 2019 4:43 PM EST

Teletech Holdings (NASDAQ: TTEC) reported Q3 EPS of $0.40, $0.08 better than the analyst estimate of $0.32. Revenue for the quarter came in at $395.5 million versus the consensus estimate of $388.99 million.

THIRD QUARTER 2019 FINANCIAL HIGHLIGHTS

Revenue Third quarter 2019 GAAP revenue increased 8.4 percent to $395.5 million compared to $364.9 million in the prior year period.Foreign exchange had a $2.2 million positive impact on revenue in the third quarter 2019.Income from OperationsThird quarter 2019 GAAP income from operations was $26.0 million, or 6.6 percent of revenue, compared to $14.7 million, or 4.0 percent of revenue in the prior year... More