TTEC: Q4 Earnings Snapshot

ENGLEWOOD, Colo. (AP) — ENGLEWOOD, Colo. (AP) — TTEC Holdings Inc. (TTEC) on Monday reported fourth-quarter profit of $22.4 million.

On a per-share basis, the Englewood, Colorado-based company said it had net income of 47 cents. Earnings, adjusted for one-time gains and costs, came to 89 cents per share.

The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 74 cents per share.

The customer engagement management company posted revenue of $658.3 million in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $628.8 million.

For the year, the company reported profit of $103.2 million, or $2.18 per share. Revenue was reported as $2.44 billion.

For the current quarter ending in March, TTEC expects its per-share earnings to range from 41 cents to 54 cents.

The company said it expects revenue in the range of $591 million to $607 million for the fiscal first quarter.

TTEC expects full-year earnings in the range of $2.38 to $2.71 per share, with revenue ranging from $2.46 billion to $2.54 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TTEC at https://www.zacks.com/ap/TTEC

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