secwatch.observer — SEC 8-K summary
======================================

Issuer:     TTEC Holdings, Inc. (TTEC)
CIK:        0001013880
Form:       8-K
Filed at:   2024-03-01T23:59:59+00:00
Accession:  0001104659-24-030001
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TTEC Q4 revenue down 4.9%, GAAP EPS ($0.17), dividend cut to $0.06 per share
----------------------------------------------------------------------------

- Full year 2023 revenue $2.463B (+0.8%); GAAP EPS $0.39, Non-GAAP $2.18 (vs $3.59 prior year).
- Q4 GAAP revenue $626.2M (-4.9%), operating income $16.9M (2.7% of revenue), net loss $8.2M.
- Board cut semi-annual dividend to $0.06/share from $0.52, payable Apr 30, 2024 to record Apr 3.
- FY 2024 outlook: revenue midpoint $2.32B, non-GAAP adj EBITDA midpoint $237M, non-GAAP EPS $1.51.
- TTEC Engage revenue fell 5.5% in Q4; segment margins pressured by client budget constraints.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1013880/000110465924030001/0001104659-24-030001-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1013880/000110465924030001/tm247637d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-030001

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer