Overview
TTEC Holdings Q3 revenue decreased 1.9% yr/yr but beat analyst expectations
Adjusted EPS for Q3 missed analyst expectations
Adjusted EBITDA for Q3 missed analyst expectations
TTEC extended credit facility term to November 2027
Outlook
TTEC reiterates full-year 2025 revenue guidance of $2.064 bln to $2.114 bln
Company expects Engage segment profitability growth in Q4 due to healthcare seasonality
TTEC forecasts full-year non-GAAP EPS of $0.95 to $1.20
Result Drivers
ENGAGE PROFITABILITY - Decline attributed to expenses ahead of Q4 healthcare seasonal ramps and planned investments for future growth
DIGITAL GROWTH - TTEC Digital closed many new clients and grew professional services revenue with AI-focused partners
AI DEPLOYMENT - Over a hundred AI programs deployed across numerous customers, enhancing CX services
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | Beat | $519.10 mln | $498 mln (4 Analysts) |
Q3 Adjusted EPS | Miss | $0.12 | $0.23 (4 Analysts) |
Q3 EPS | -$0.23 | ||
Q3 Net Income | -$11.10 mln | ||
Q3 Adjusted EBITDA | Miss | $43.40 mln | $52.10 mln (4 Analysts) |
Q3 Operating Income | $12.30 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the it services & consulting peer group is "buy"
Wall Street's median 12-month price target for TTEC Holdings Inc is $5.00, about 34.6% above its November 5 closing price of $3.27
The stock recently traded at 3 times the next 12-month earnings vs. a P/E of 4 three months ago
Press Release: ID:nGNX6h00QK
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)