Welcome to our dedicated page for Ttec Hldgs news (Ticker: TTEC), a resource for investors and traders seeking the latest updates and insights on Ttec Hldgs stock.
TTEC Holdings, Inc. (NASDAQ: TTEC) delivers AI-driven customer experience solutions and digital transformation services worldwide. This page provides authorized updates on corporate developments, financial announcements, and strategic initiatives directly from TTEC and verified sources.
Investors and industry professionals will find curated press releases covering earnings reports, technology innovations, leadership updates, and partnership announcements. Our repository simplifies tracking operational milestones across TTEC Digital's tech platforms and TTEC Engage's service solutions.
All content is organized chronologically with clear sourcing to ensure transparency. Bookmark this page for efficient access to TTEC's latest regulatory filings, market expansions, and CX technology advancements. Check regularly for real-time updates impacting customer engagement industry trends.
TTEC Holdings, Inc. (NASDAQ: TTEC) announced an agreement to acquire certain citizen experience and smart city assets from Faneuil, Inc., a subsidiary of ALJ Regional Holdings, Inc. (NASDAQ: ALJJ). This acquisition is a strategic move to enhance TTEC's capabilities in the public sector, particularly in delivering digital citizen experiences. TTEC aims to leverage its scale and expertise alongside Faneuil's local government insights to address growing opportunities in mobility, infrastructure, and healthcare. The transaction is expected to close in Q1 2022, pending regulatory approvals.
TTEC Holdings, Inc. (NASDAQ: TTEC) has introduced the Jump Start Calculator, a free digital tool aimed at facilitating digital transformation and enhancing customer experience (CX). This innovative solution helps clients assess their digital journey, recommending tools to optimize costs and improve efficiency. The Calculator utilizes real-time data to produce customized reports, ultimately aiming to increase revenue and customer satisfaction. TTEC claims that businesses can achieve a 30-50% boost in employee efficiency through this solution, providing a rapid return on investment.
TTEC Holdings, Inc. (NASDAQ: TTEC) announced the amendment and extension of its credit facility, increasing the total commitment by $300 million to $1.5 billion, with maturity extended to November 2026. This enhancement provides TTEC with greater financial capacity for growth-oriented investments and strategic acquisitions. TTEC's CFO highlighted strong cash generation and reserves, emphasizing the company's ability to invest further in the business. The amendment was facilitated by a syndicate of banks led by Wells Fargo Securities.
TTEC Holdings, Inc (NASDAQ: TTEC) appointed Regina Paolillo as Global Chief Operating Officer and Dustin Semach as Chief Financial Officer, effective immediately. TTEC Chairman Ken Tuchman emphasized the importance of a strong leadership team to enhance client and shareholder value. Paolillo, instrumental in advancing TTEC's digital capabilities, previously served as Chief Financial and Administrative Officer. Semach, with a background in tech services, aims to drive revenue growth and financial performance. TTEC, a leader in customer experience technology, focuses on delivering innovative CX solutions globally.
TTEC Holdings, Inc. (NASDAQ: TTEC) reported third quarter 2021 financial results, showing a 15% increase in revenue to $566.7 million compared to $493 million in Q3 2020. However, GAAP income from operations fell to $26 million, or 4.6% of revenue, down from $53.4 million (10.8%) a year prior. Non-GAAP EPS was $1.01, slightly up from $1.00. The cash flow from operations decreased to $42.2 million from $81.5 million year-over-year, leading to a net debt increase to $662.9 million. Despite these challenges, TTEC anticipates 2021 revenue of approximately $2.255 billion, consistent with earlier guidance.
