TTEC Q3 revenue falls 12.2% to $529.4M, net loss $19.0M; suspends semi-annual dividend

TTEC Holdings, Inc.

2024-Q3 EPS reported -$6.78 revenue$1,640,150,000

Q3 GAAP revenue $529.4M (-12.2% YoY), net loss $19.0M vs income of $1.8M a year ago.
GAAP diluted EPS loss $0.40; non-GAAP EPS $0.11 (down from $0.48).
Board suspends semi-annual cash dividend to prioritize debt reduction from acquisitions.
Sold unused real estate in Englewood, CO for $45.5M, proceeds to reduce revolving credit line.
Full-year 2024 guidance reiterated near lower end: revenue $2,210-2,260M, non-GAAP EBITDA $201-217M.

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