Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
TTEC Holdings (TTEC)
NASDAQ:TTEC
Holding TTEC?
Track your performance easily
Earnings Data
Report Date
Feb 26, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.2Last Year’s EPS
0.37Same Quarter Last Year
Moderate Buy
Based on 5 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Nov 07, 2018
|% Change Since: -26.89%
|Next Earnings Date:Aug 07, 2018
Earnings Call Sentiment|Neutral
The earnings call reflects a mixed outlook, with TTEC experiencing significant revenue declines and challenges in the healthcare and professional services sectors. However, the company is making strategic expansions and improvements, particularly in AI-enabled solutions and geographic growth, which may lead to future gains.Company Guidance
During TTEC's third quarter 2024 earnings call, the company provided guidance reflecting a challenging yet strategic transition year. Revenue for Q3 was reported at $529 million, with non-GAAP adjusted EBITDA at $50 million, indicating a decrease compared to previous periods. The company anticipates full-year 2024 revenue to reach approximately $2.235 billion, with EBITDA projected at $209 million. TTEC Digital's revenue is expected to be around $483 million, with an EBITDA margin of 13.8%, while TTEC Engage's revenue is forecasted at $1.752 billion, with an EBITDA margin of 8.1%. The company emphasized its strategic focus on expanding offshore capabilities, enhancing AI-driven customer experience solutions, and optimizing profitability, despite facing macroeconomic headwinds and client decision-making delays. TTEC remains committed to its debt reduction strategy and plans to achieve $30 million in annualized cost savings by 2025.New Client Wins and Geographic Expansion
TTEC is on track to establish a dozen new meaningful client relationships by year-end, with expansion in financial services, healthcare, and retail sectors. The company has reported a 43% increase in headcount across new geographies from Q2 to Q3 2024.
AI-Enabled Solutions and Innovation
TTEC continues to focus on AI-enabled solutions, reporting success in areas like language translation and customer interaction insights. The company is developing native language translation tools and has closed numerous AI transformation initiatives.
Improved Profitability in Engage Segment
The Engage segment reported a 35% increase in operating income sequentially, reflecting early benefits from profit optimization initiatives.
Strong Pipeline and Recurring Revenue Growth
Digital segment's recurring managed services increased by 12.9% year-over-year. TTEC Digital closed more than 60 new strategic clients in 2024, with over 75% of bookings from existing clients.
---
TTEC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
TTEC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 06, 2024 | $5.43 | $4.80 | -11.60% |
| Aug 08, 2024 | $5.18 | $4.51 | -12.93% |
| May 08, 2024 | $8.26 | $7.14 | -13.56% |
| Feb 29, 2024 | $17.35 | $13.79 | -20.52% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does TTEC Holdings (TTEC) report earnings?
TTEC Holdings (TTEC) is schdueled to report earning on Feb 26, 2025, TBA Not Confirmed.
What is TTEC Holdings (TTEC) earnings time?
TTEC Holdings (TTEC) earnings time is at Feb 26, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TTEC EPS forecast?
TTEC EPS forecast for the fiscal quarter 2024 (Q4) is 0.2.
---