secwatch.observer — SEC 8-K summary
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Issuer:     TTEC Holdings, Inc. (TTEC)
CIK:        0001013880
Form:       8-K
Filed at:   2024-11-06T23:59:59+00:00
Accession:  0001104659-24-114811
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1013880/000110465924114811/0001104659-24-114811-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1013880/000110465924114811/tm2427607d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-114811

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