TTEC: Q4 Earnings Snapshot

In this article:

GREENWOOD VILLAGE, Colo. (AP) — GREENWOOD VILLAGE, Colo. (AP) — TTEC Holdings Inc. (TTEC) on Thursday reported a loss of $9.9 million in its fourth quarter.

The Greenwood Village, Colorado-based company said it had a loss of 21 cents per share. Earnings, adjusted for one-time gains and costs, were 37 cents per share.

The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 39 cents per share.

The customer engagement management company posted revenue of $626.2 million in the period, which topped Street forecasts. Three analysts surveyed by Zacks expected $603 million.

For the year, the company reported profit of $8.4 million, or 18 cents per share. Revenue was reported as $2.46 billion.

For the current quarter ending in March, TTEC expects its per-share earnings to range from 25 cents to 34 cents.

The company said it expects revenue in the range of $559 million to $569 million for the fiscal first quarter.

TTEC expects full-year earnings in the range of $1.15 to $1.86 per share, with revenue ranging from $2.28 billion to $2.37 billion.

_____

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

Advertisement