NASDAQ$TTEC

Ttec Holdings In · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Reported strong bookings and large deal activity driven by demand for digital transformation technology and services.

TTEC announced strong first quarter results with revenue of $588.7 million and significant bookings of $195 million. The company is reiterating its full year 2022 guidance.

  • First quarter revenue reached $588.7 million.
  • Operating income was $48.3 million, representing 8.2% of revenue.
  • Non-GAAP operating income was $67.2 million, or 11.4% of revenue.
  • Bookings amounted to $195 million.

Headline financials

Total Revenue

$589M

Previous: $539M+9.2%
EPS (adj)

$1.08

Previous: $1.26-14.3%
Capital Expenditures

-$16.7M

Previous: -$11.6M-44.3%
Free Cash Flow

$16.7M

Previous: $38.9M-57.0%
Net Income

$33.4M

Previous: $50.4M-33.7%
Operating Income

$48.3M

Previous: $73.4M-34.2%
Gross Profit

-$447M

Previous: -$389M-15.1%
Cash & Equivalents

$157M

Previous: $144M+8.7%
Total Assets

$2.05B

Previous: $1.5B+37.2%
Stock-Based Comp

$3.74M

Previous: $4.03M-7.2%

Revenue & EPS history

TTEC · Revenue · Quarterly

$589M

Q1 2022+9.2%vs Q1 2021
Beat estimate in 14 of 16 quarters(88%)
ActualEstimate

Forward guidance

TTEC is well positioned for continued profitable organic growth in 2022, augmented further with strategic acquisitions, based on a growing sales pipeline, strong bookings, and an increased revenue backlog. The company is reiterating its 2022 guidance.

Tailwinds

  • Strong bookings and large deal activity.
  • Demand for digital transformation technology and services continues to build.
  • Growth in the Digital segment reflects the work done to create differentiated end-to-end CX technology solutions.
  • Positive market response to TTEC's offerings demonstrates how the focus on CX will continue to differentiate the company.
  • Expanding suite of integrated CX offerings increases TTEC’s value proposition.

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 2022

Historical avgQ1 2022

-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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