Revenue Update on TeleTech Holdings(NASDAQ:TTEC)

TeleTech Holdings(NASDAQ:TTEC) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Aug 3, 2016. Company reported revenue of $305.11M. Analysts estimated a revenue of $305.72M. Earnings per share were $0.28. Analysts had estimated an EPS of $0.28.

TeleTech Holdings (TTEC) shares turned negative on Fridays trading session with the shares closing down -0.35 points or -1.18% at a volume of 89,763. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $29.65. The peak price level was also seen at $29.65 while the days lowest was $29.24. Finally the shares closed at $29.33. The 52-week high of the shares is $30.75 while the 52-week low is $24.19. According to the latest information available, the market cap of the company is $1,386 M.

Several Insider Transactions has been reported to the SEC. On Jul 14, 2016, Martin F Deghetto (EVP, CMS) sold 14,245 shares at $28.40 per share price.Also, On Jun 9, 2016, Steven C Pollema (SVP, CTS) sold 4,800 shares at $27.47 per share price.On Mar 18, 2016, James E Barlett (Vice Chairman) sold 42,832 shares at $26.72 per share price, according to the Form-4 filing with the securities and exchange commission.

TeleTech Holdings Inc. (TeleTech) is a customer engagement management service provider that delivers integrated consulting technology growth and customer care solutions on a global scale. The Company’s segments include Customer Management Services (CMS) which designs and manages clients’ front-to-back office processes to deliver just-in-time personalized multi-channel interactions; Customer Growth Services (CGS) which offers integrated sales and marketing solutions to help its clients boost revenue in new fragmented or underpenetrated business-to-consumer (B2C) or business-to-business (B2B) markets; Customer Technology Services (CTS) which architects deploys and hosts or manages the client’s customer management environments and Customer Strategy Services (CSS) which helps its clients design build and execute the customer engagement strategies. Its solutions are delivered in 24 countries from 59 delivery centers on six continents.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

TeleTech Holdings - Is it time to Sell?

Top Brokerage Firms are advising their investors on TeleTech Holdings. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.