TTEC: Q1 Earnings Snapshot

ENGLEWOOD, Colo. (AP) — ENGLEWOOD, Colo. (AP) — TTEC Holdings Inc. (TTEC) on Wednesday reported first-quarter net income of $18.6 million.

The Englewood, Colorado-based company said it had profit of 39 cents per share. Earnings, adjusted for one-time gains and costs, came to 78 cents per share.

The results exceeded Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 47 cents per share.

The customer engagement management company posted revenue of $633.3 million in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $598.5 million.

For the current quarter ending in June, TTEC expects its per-share earnings to range from 40 cents to 53 cents.

The company said it expects revenue in the range of $587 million to $603 million for the fiscal second quarter.

TTEC expects full-year earnings in the range of $2.38 to $2.71 per share, with revenue ranging from $2.46 billion to $2.54 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TTEC at https://www.zacks.com/ap/TTEC