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TELUS International (CDA) ( (TSE:TIXT) ) has provided an update.
In February 2025, TELUS Digital reported stable operating and financial performance for the fourth quarter and full year of 2024, with a focus on business evolution and revenue growth. The company added 55 net new clients in 2024, including two large American retailers, and expanded its business with 162 existing clients. TELUS Digital saw momentum in its AI Data Solutions and Digital Solutions service lines, despite a challenging market environment. Financial results for 2024 included a 5% revenue increase in the fourth quarter compared to the previous quarter, although the company reported a net loss for both the quarter and the year due to higher investments and strategic initiatives.
More about TELUS International (CDA)
TELUS Digital Experience (TELUS Digital) is a company focused on creating enduring customer experiences through data, technology, and a human-centric approach. It operates under the TELUS Corporation, emphasizing Customer Experience Management and AI Data Solutions, aiming to deliver service quality excellence and talent development.
YTD Price Performance: -13.50%
Average Trading Volume: 444,510
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $950.7M
For a thorough assessment of TIXT stock, go to TipRanks’ Stock Analysis page.