TTEC Holdings, Inc. (TTEC) Q2 2026 Earnings Call Transcript
TeleTech NASDAQ: TTEC reported second-quarter results that fell short of its plan, as revenue and profitability declined from a year earlier amid pressure in its Engage segment. Management said it is pursuing cost reductions, operational changes and client profitability reviews while beginning a strategic-alternatives review for its TTEC Digital business.
TTEC Holdings (TTEC) came out with quarterly earnings of $0.03 per share, missing the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.22 per share a year ago.
| IT Services Industry | Information Technology Sector | Kenneth D. Tuchman CEO | XMUN Exchange | US89854H1023 ISIN |
| US Country | 44,900 Employees | 30 Apr 2024 Last Dividend | - Last Split | 31 Jul 1996 IPO Date |
TTEC Holdings, Inc. stands as a pivotal entity in the sphere of customer experience technology and services, with its primary aim centered on the crafting, orchestration, and delivery of digitally powered customer experiences tailored for a diverse array of brands. Having undergone a name change from TeleTech Holdings, Inc. to TTEC Holdings, Inc. in January 2018, the company boasts a rich history dating back to its founding in 1982. With its headquarters nestled in Englewood, Colorado, TTEC Holdings, Inc. operates across a global platform with a presence in numerous countries, including the United States, Australia, Belgium, Brazil, Bulgaria, Canada, Costa Rica, Germany, Greece, India, Ireland, Mexico, the Netherlands, New Zealand, the Philippines, Poland, Singapore, South Africa, Thailand, and the United Kingdom. This expansive operational network underscores the company's commitment to delivering superior customer experience solutions across a broad spectrum of industries such as automotive, communication, financial services, government, healthcare, logistics, media and entertainment, e-tail/retail, technology, transportation, and travel.
The offerings of TTEC Holdings, Inc. are strategically divided into two main segments: TTEC Digital and TTEC Engage. Each segment is designed to cater to distinct aspects of digital customer experience management and delivery.
This segment is at the forefront of designing, building, and operating state-of-the-art digital experiences that bridge the gap between clients and their customers. Through the seamless integration and orchestration of customer relationship management, data analytics, customer experience as a service technology, and intelligent automation, TTEC Digital ensures the attainment of customer experience (CX) outcomes that are not only robust but also aligned with the evolving expectations of today's digital-first consumers.
Focused on providing digitally enabled customer experience managed services, TTEC Engage delivers across multiple channels. These services encompass customer care, technical support, order fulfillment, customer acquisition, growth, and retention, thereby encompassing a wide array of CX needs. Additionally, digitally enabled back office and industry-specific specialty services, including AI operations, content moderation, and fraud management, further define the breadth of TTEC Engage's offerings. This segment's approach to delivering omnichannel solutions ensures that clients receive comprehensive support tailored to their unique operational and industry-specific challenges.