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TTEC Announces Second Quarter 2024 Financial Results
TTECTTEC (TTEC) Prnewswire·2024-08-08 20:05

Second Quarter 2024 Revenue was 534.1Million,down11.0PercentOperatingLossof534.1 Million, down 11.0 Percent Operating Loss of 224.4 Million or negative 42.0 Percent of Revenue, due to 233.5MillionNoncashGoodwillImpairmentsandRelatedTaxAdjustments(OperatingIncomeof233.5 Million Non-cash Goodwill Impairments and Related Tax Adjustments (Operating Income of 29.5 Million or 5.5 Percent of Revenue Non-GAAP) Net Loss of 296.8Millionornegative55.6PercentofRevenue(NetIncomeof296.8 Million or negative 55.6 Percent of Revenue (Net Income of 6.6 Million or 1.2 Percent of Revenue Non-GAAP) Adjusted EBITDA was 46.2Millionor8.7PercentofRevenueFullyDilutedNetLossPerShareof46.2 Million or 8.7 Percent of Revenue Fully Diluted Net Loss Per Share of 6 ...