Ad

TTEC: Q4 Earnings Snapshot

GREENWOOD VILLAGE, Colo. (AP) — GREENWOOD VILLAGE, Colo. (AP) — TTEC Holdings Inc. (TTEC) on Thursday reported fourth-quarter net income of $2 million.

On a per-share basis, the Greenwood Village, Colorado-based company said it had net income of 4 cents. Earnings, adjusted for one-time gains and costs, were 19 cents per share.

The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 21 cents per share.

The customer engagement management company posted revenue of $567.4 million in the period, also missing Street forecasts. Three analysts surveyed by Zacks expected $574.8 million.

For the year, the company reported a loss of $321 million, or $6.74 per share. Revenue was reported as $2.21 billion.

TTEC expects full-year earnings in the range of 95 cents to $1.20 per share, with revenue in the range of $2.01 billion to $2.06 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