TeleTech Holdings Inc. (NASDAQ:TTEC) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company.
TeleTech Holdings Inc. Earnings Cheat Sheet
Results: Adjusted Earnings Per Share increased 10.34% to $0.32 in the quarter versus EPS of $0.29 in the year-earlier quarter.
Revenue: Decreased 1.45% to $288.4 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: TeleTech Holdings Inc. reported adjusted EPS income of $0.32 per share. By that measure, the company beat the mean analyst estimate of $0.31. It missed the average revenue estimate of $290.33 million.
Quoting Management: “Our next generation customer experience platform is enabling leading global brands to transform their business into customer-centric organizations. Our holistic approach links best-in-class strategy and technology with high-performance implementation to deliver meaningful gains in enterprise value and brand loyalty for our clients,” said Ken Tuchman, TeleTech chairman and chief executive officer. “Our fully integrated offering continues to gain traction as we signed $100 million in new business with 40 percent from our three emerging business segments.”
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