NASDAQ$TTEC

Ttec Holdings In · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Reported record financial results for the first quarter of 2021.

TTEC Holdings, Inc. announced record first quarter financial results with revenue increasing 25 percent to $539.2 million. The company is raising its outlook for full year 2021.

  • Revenue increased 25 percent to $539.2 million.
  • Operating Income was $73.4 Million or 13.6 Percent of Revenue (Non-GAAP $79.9 Million or 14.8 Percent of Revenue)
  • Net Income was $50.4 Million ($59.7 Million Non-GAAP)
  • Bookings Increased 95 Percent to $170 Million in the First Quarter 2021

Headline financials

Total Revenue

$539M

Previous: $432M+24.8%
EPS (adj)

$1.26

Previous: $0.64+96.9%
Capital Expenditures

-$11.6M

Previous: -$16.8M+31.2%
Free Cash Flow

$38.9M

Previous: $4.72M+723.0%
Net Income

$50.4M

Previous: $21.5M+134.1%
Operating Income

$73.4M

Previous: $40.7M+80.3%
Gross Profit

-$389M

Previous: -$322M-20.9%
Cash & Equivalents

$144M

Previous: $520M-72.3%
Total Assets

$1.5B

Previous: $1.76B-15.2%
Stock-Based Comp

$4.03M

Previous: $2.92M+38.0%

Revenue & EPS history

TTEC · Revenue · Quarterly

$539M

Q1 2021+24.8%vs Q1 2020
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Forward guidance

The company raised its full-year 2021 outlook, including Avtex.

Tailwinds

  • Revenue between $2.191 and $2.221 billion, an increase of 12.4 and 14.0 percent over the prior year.
  • Non-GAAP Operating Income margins between 12.0 and 12.4 percent.
  • Non-GAAP Adjusted EBITDA margins between 15.0 and 15.3 percent.
  • Non-GAAP Earnings Per Share between $4.14 and $4.32.
  • Capital expenditures are estimated to between 3.1 and 3.3 percent of revenue, of which approximately 60 percent is growth oriented.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

-1.4%

Avg return

Earnings day

-3.3%

Avg return

5 days after

-1.2%

Avg return

30 days after

42%

28 / 66 earnings

Positive

+31.9%

Q1 2025

Best reaction

-29.8%

Q3 2023

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.7%-18.1%-27.2%
Q4 2025+13.1%+7.7%+0.5%
Q3 2025-4.0%-16.2%+9.5%
Q1 2025+31.9%+28.3%+25.3%
Q4 2024-7.4%-6.3%-3.0%
Q3 2024-8.7%-8.6%-2.1%
Q2 2024-15.7%-19.3%-16.8%
Q1 2024-9.9%-6.0%-20.4%
Q4 2023-20.0%-28.3%-40.2%
Q3 2023-29.8%-27.4%-7.1%
Q2 2023-1.9%-11.0%-7.7%
Q1 2023+5.7%+0.5%+3.5%
Q4 2022-15.9%-14.3%-23.3%
Q3 2022+11.8%+12.3%+13.7%
Q2 2022-18.1%-20.8%-30.8%
Q1 2022-6.0%-11.0%-6.5%
Q4 2021-0.6%-4.9%+3.8%
Q3 2021-7.7%-12.8%-12.0%
Q2 2021-0.2%+3.8%+9.9%
Q1 2021-2.6%-2.3%+2.6%
Q4 2020+2.9%-2.9%+19.4%
Q3 2020+4.6%+3.8%+23.1%
Q2 2020+14.1%+11.6%+8.9%
Q1 2020+3.9%+9.1%+17.6%
Q4 2019+2.8%-6.3%-14.2%
Q3 2019+4.1%-1.5%-18.1%
Q2 2019+5.1%+5.2%+6.7%
Q1 2019+5.6%+2.8%+8.6%
Q4 2018-0.5%+2.3%+6.3%
Q3 2018+14.6%+24.0%+15.5%
Q2 2018-17.6%-18.8%-18.8%
Q1 2018+2.3%+2.5%+12.6%
Q4 2017-4.9%-9.9%-15.2%
Q3 2017-4.8%-9.1%-4.3%
Q2 2017-2.6%+0.9%-5.0%
Q1 2017+13.4%+15.6%+28.1%
Q4 2016-3.8%-2.1%-4.9%
Q3 2016-5.6%-3.3%+13.9%
Q2 2016+1.2%+3.9%+0.7%
Q1 2016-6.4%
Q4 2015-4.4%
Q3 2015-6.1%
Q2 2015+2.0%
Q1 2015-3.1%
Q4 2014+4.5%
Q3 2014-5.3%
Q2 2014-6.9%
Q1 2014+2.7%
Q4 2013+13.8%
Q3 2013-1.3%
Q2 2013+1.2%
Q1 2013-1.9%
Q4 2012+4.5%
Q3 2012+0.9%
Q2 2012-1.2%
Q4 2011-1.2%
Q1 2012+3.0%
Q3 2010+4.7%
Q3 2011+4.7%
Q2 2011-8.0%
Q1 2010+0.7%
Q1 2011-0.8%
Q4 2009-10.2%
Q2 2010-10.2%
Q4 2010-10.2%
Q4 2008-10.2%

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