secwatch.observer — SEC 8-K summary
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Issuer:     TTEC Holdings, Inc. (TTEC)
CIK:        0001013880
Form:       8-K
Filed at:   2024-05-09T23:59:59+00:00
Accession:  0001104659-24-059373
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TTEC Q1 revenue down 8.9% to $576.6M; GAAP EPS $0.01, non-GAAP $0.27; reiterates FY outlook
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- Revenue $576.6M vs $633.3M prior year; GAAP operating income $22.7M (3.9% revenue) vs $44.4M.
- GAAP diluted EPS $0.01, non-GAAP diluted EPS $0.27; Adjusted EBITDA $54.9M (9.5% revenue) down from $82.9M.
- TTEC Engage segment revenue down 10.0% to $464.6M; TTEC Digital revenue down 4.2% to $112.0M.
- Full year 2024 guidance reaffirmed: revenue $2.275-2.365B, non-GAAP adjusted EBITDA $215-259M.
- Operating cash flow negative $15.6M; net debt $865.3M, up from $781.8M a year ago.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1013880/000110465924059373/0001104659-24-059373-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1013880/000110465924059373/tm2413871d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-059373

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