TeleTech Q2 Profit Rises - Quick Facts

(RTTNews) - TeleTech Holdings, Inc. (TTEC) reported that its second-quarter net income attributable to stockholders increased to $16.86 million from $12.32 million, last year. Earnings per share was $0.34, compared to $0.23, prior year. Non-GAAP earnings per share were $0.33 for the quarter.

On average, seven analysts polled by Thomson Reuters expected the company to report profit per share of $0.36 for the quarter. Analysts' estimates typically exclude special items.

GAAP revenue was $295.5 million compared to $289.7 million in the second quarter of 2013. On a constant currency Non-GAAP basis, second quarter 2014 revenue was $303.2 million. This represents a 5.2 percent growth rate over the prior year period, of which approximately 50 percent was organic, the company reported. Analysts expected revenue of $305.42 million for the quarter.

TeleTech raised the lower end of its 2014 revenue guidance. Revenue is currently estimated from $1.245 to $1.260 billion, reflecting an expected two percent adverse impact from foreign exchange translation, the company said. Analysts expect the company to report 2014 revenue of $1.25 billion.