Business
TTEC Announces Fourth Quarter and Full Year 2022 Financial Results
Full Year 2022Revenue was $2.444 Billion, up 7.5 Percent and 9.4 Percent on a Constant Currency BasisOperating Income was $168.5 Million or 6.9 Percent of
About this update from Ttec Holdings, Inc.
[{"type":"text","content":"Full Year 2022Revenue was $2.444 Billion, up 7.5 Percent and 9.4 Percent on a Constant Currency BasisOperating Income was $168.5 Million or 6.9 Percent of Revenue($248.5 Million or 10.2 Percent of Revenue Non-GAAP)Net Income was $117.3 Million or 4.8 Percent of Revenue($174.4 Million or 7.1 Percent of Revenue Non-GAAP)Adjusted EBITDA was $326.6 Million or 13.4 Percent of RevenueFully Diluted EPS was $2.48 ($3.68 Non-GAAP)\nFull Year Bookings of $762 Million\nFourth Quarter 2022Revenue was $658.3 Million, up 7.5 Percent and 9.6 Percent on a Constant Currency BasisOperating Income was $48.7 Million or 7.4 Percent of Revenue($69.9 Million or 10.6 Percent of Revenue Non-GAAP)Net Income was $25.6 Million or 3.9 Percent of Revenue($42.0 Million or 6.4 Percent of Revenue Non-GAAP)Adjusted EBITDA was $84.8 Million or 12.9 Percent of RevenueFully Diluted EPS was $0.54 ($0.89 Non-GAAP)\nFourth Quarter Bookings of $197 Million\nProvides Outlook for Full Year 2023\nDENVER, Feb. 27, 2023 /PRNewswire/ -- TTEC Holdings, Inc. (NASDAQ: TTEC), one of the largest, global CX (customer experience) technology and services innovators for end-to-end digital CX solutions, announced today financial results for the fourth quarter and full year ended December 31, 2022.\n\"We ended 2022 with solid execution and financial results despite the increased uncertainties surrounding the macroeconomic environment. Our performance reflects our broad and diverse base of global clients, our expertise across key strategic verticals, and our full range of CX technology, AI, and service capabilities,\" commented Ken Tuchman, chairman and chief executive officer of TTEC. \"In this dynamic environment, we will continue to execute on our strategy to accelerate the diversification of our geographic and language footprint, and capitalize on the growing adoption of the modern capabilities enabled by the CX cloud.\"\nTuchman continued, \"Over the last forty years, we have thoughtfully managed through uncertain business cycles and always come out stronger. We have proven time and again that we are resilient, innovative and have what it takes to turn challenges into opportunities. Our strategy for 2023 is prudent and designed to set us up for accelerated growth in 2024. The plan will enable us to operate efficiently in the short term while investing in capabilities our clients ne...