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TELUS International (Cda) Inc. Subordinate Voting Shares - TIXT STOCK NEWS

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TELUS International (Cda) Inc. (TIXT), a subsidiary of TELUS Corporation, is a leading provider of digital customer experience solutions globally. Specializing in designing, building, and delivering next-generation solutions, TELUS International serves various industries including consumer electronics, finance, telecommunications, utilities, tech and games, eCommerce and FinTech, banking, financial services and insurance, communications and media, and healthcare.

Headquartered in Vancouver, BC, TELUS International operates with a multi-shore, multi-language delivery model, which ensures robust, secure, and value-based customer service infrastructure. The company harnesses its parent company's vast resources, benefiting from TELUS Corporation’s multi-billion dollar telecommunications capabilities.

The company’s service portfolio includes Digital Experience, Customer Experience, Advisory Services, and Back Office and Automation. Known for its innovation in digital customer experience, TELUS International is committed to providing exceptional service, leveraging advanced technologies and a skilled workforce to meet diverse client requirements.

Recent achievements highlight TELUS International’s resilient performance despite a challenging macroeconomic environment. In the first quarter of 2024, the company demonstrated robust profitability and cash flow generation. Strategic cost efficiency programs have positioned TELUS International for further EBITDA growth and margin expansion. The company continues to focus on digital transformation, particularly generative AI adoption, underscoring its commitment to long-term growth and profitability.

TELUS International reported consolidated operating revenues of $4.9 billion for the first quarter of 2024, a slight decrease from the previous year, primarily due to lower service revenues. However, the company achieved industry-leading customer additions and solid financial results, driven by a proactive growth strategy, superior asset portfolio, and dedicated customer-centric culture.

Furthermore, the company’s leadership in sustainability is evident through its extensive socio-economic contributions and the issuance of sustainability-linked bonds. TELUS International remains committed to delivering superior value to shareholders, reflected in a 7% dividend increase announced for the first quarter of 2024.

For more information, visit www.telusinternational.com.

Rhea-AI Summary
TELUS International reports Q2 2023 results: Revenue of $667 million, up 7% YoY. Net loss of $7 million, compared to net income of $56 million in the same quarter last year. Diluted EPS of $(0.03), compared to $0.21 in the same quarter last year. Adjusted EBITDA of $120 million, 20% lower YoY. Adjusted Diluted EPS of $0.17, 43% lower YoY.
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TELUS International (NYSE and TSX: TIXT) is set to release its Q1 2023 financial results on May 4, 2023, before the North American market opens. This will be followed by a conference call at 10:30 a.m. ET to discuss the results, along with a Q&A session for pre-qualified analysts. Investors can access a live webcast of the conference on the TELUS International Investor Relations website, with a replay available afterwards.

The company focuses on digital solutions enhancing customer experience for various industries. TELUS International supports clients through digital transformations, offering services in digital strategy, IT lifecycle management, automation, and AI data solutions.

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TELUS International (TIXT) has appointed Madhuri Andrews as an independent director and Navin Arora as a director nominee, filling vacancies left by the recent retirements of Kenneth Cheong and Stephen Lewis. Andrews, who joined the board on March 9, 2023, brings a wealth of experience in governance and technology, enhancing the board’s expertise. Arora has been a director since January 4, 2023 and holds a senior executive position at TELUS. The board now consists of 11 directors, with five being independent and 80% female representation, surpassing the company’s goal of 30% female presence before the 2023 annual general meeting on May 12, 2023.

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FAQ

What is the current stock price of TELUS International (Cda) Subordinate Voting Shares (TIXT)?

The current stock price of TELUS International (Cda) Subordinate Voting Shares (TIXT) is $3.74 as of November 22, 2024.

What is the market cap of TELUS International (Cda) Subordinate Voting Shares (TIXT)?

The market cap of TELUS International (Cda) Subordinate Voting Shares (TIXT) is approximately 1.0B.

What is TELUS International (Cda) Inc.?

TELUS International (Cda) Inc. is a global provider of digital customer experience solutions, serving various industries including consumer electronics, finance, telecommunications, and more.

What services does TELUS International offer?

TELUS International offers Digital Experience, Customer Experience, Advisory Services, and Back Office and Automation among other services.

What industries does TELUS International serve?

The company serves industries such as tech and games, eCommerce and FinTech, banking, financial services and insurance, communications and media, and healthcare.

Where is TELUS International headquartered?

TELUS International is headquartered in Vancouver, BC, Canada.

How did TELUS International perform in the first quarter of 2024?

In the first quarter of 2024, TELUS International reported consolidated operating revenues of $4.9 billion, with strong profitability and cash flow despite a challenging macroeconomic environment.

What are the recent achievements of TELUS International?

Recent achievements include robust profitability, cost efficiency programs, and a focus on digital transformation, particularly generative AI adoption.

How does TELUS International contribute to sustainability?

TELUS International has issued sustainability-linked bonds and made significant socio-economic contributions, reinforcing its commitment to environmental and social governance.

What is the relationship between TELUS International and TELUS Corporation?

TELUS International is a subsidiary of TELUS Corporation, benefiting from its parent company's multi-billion dollar telecommunications capabilities.

How can I learn more about TELUS International?

For more information, you can visit their official website at www.telusinternational.com.

What is TELUS International's approach to customer service?

TELUS International is committed to providing exceptional customer service through a skilled workforce, advanced technologies, and a customer-centric culture.

TELUS International (Cda) Inc. Subordinate Voting Shares

NYSE:TIXT

TIXT Rankings

TIXT Stock Data

1.04B
231.47M
38.86%
51.59%
0.69%
Software - Infrastructure
Technology
Link
United States of America
Vancouver