NASDAQ$TTEC

Ttec Holdings In · Q2 2023 earnings

Q2 2023 earnings · · Investor relations

Briefing

TTEC's revenue exceeded the mid-point of financial guidance, with progress in TTEC Engage and TTEC Digital, while maintaining a prudent outlook for the remainder of the year.

TTEC Holdings, Inc. reported Q2 2023 revenue of $600.4 million. The company's operating income was $31.3 million, and net income was $3.8 million. Fully diluted EPS was $0.08 ($0.55 Non-GAAP).

  • Revenue for the second quarter of 2023 was $600.4 million.
  • Operating income reached $31.3 million, or 5.2% of revenue (Non-GAAP: $50.6 million, or 8.4% of revenue).
  • Net income was $3.8 million, or 0.6% of revenue (Non-GAAP: $25.9 million, or 4.3% of revenue).
  • Fully diluted EPS was $0.08 ($0.55 Non-GAAP).

Headline financials

Total Revenue

$600M

Previous: $604M-0.6%
EPS (adj)

$0.55

Previous: $0.98-43.9%
Capital Expenditures

-$33M

Previous: -$19.1M-72.5%
Free Cash Flow

-$31.7M

Previous: $6.14M-617.4%
Net Income

$1.21M

Previous: $25.2M-95.2%
Operating Income

$31.3M

Previous: $35.9M-12.8%
Gross Profit

-$465M

Previous: -$464M-0.3%
Cash & Equivalents

$115M

Previous: $163M-29.7%
Total Assets

$2.17B

Previous: $2.17B+0.3%
Stock-Based Comp

$5.65M

Previous: $4.14M+36.3%

Revenue & EPS history

TTEC · Revenue · Quarterly

$600M

Q2 2023-0.6%vs Q2 2022
Beat estimate in 10 of 14 quarters(71%)
ActualEstimate

Forward guidance

TTEC is re-affirming the mid-point of its full-year 2023 revenue and profit guidance range, while acknowledging a dynamic environment where consumers and organizations are taking a cautious approach to their spending priorities.

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 Q2 2023

Historical avgQ2 2023

-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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