TTEC Holdings Inc
NASDAQ:TTEC

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TTEC Holdings Inc
NASDAQ:TTEC
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Price: 3.33 USD -2.63% Market Closed
Market Cap: $161.7m

TTEC Holdings Inc
Investor Relations

TTEC Holdings, Inc. is a digital global customer experience technology and services company. The company is headquartered in Englewood, Colorado and currently employs 65,000 full-time employees. The company also provides tolling and transportation. The company operates through two segments: TTEC Digital and TTEC Engage. TTEC Digital segment is engaged in designing, building, and operating robust digital experiences for clients and its customers through the contextual integration and orchestration of customer relationship management (CRM), data, analytics, customer experience as a service (CXaaS) technology, and intelligent automation. The TTEC Engage segment provides the digitally enabled CX managed services and delivers omnichannel customer care, technical support, order fulfillment, customer acquisition, growth, and retention services with industry specialization and CX capabilities for its brands. Its TTEC Engage segment also delivers digitally enabled back office and industry-specific specialty services, including artificial intelligence (AI) operations, content moderation, and fraud management services.

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Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Nov 7, 2025
AI Summary
Q3 2025

Revenue: TTEC reported third quarter 2025 revenue of $519 million, down 1.9% year-over-year.

Profitability: Adjusted EBITDA was $43 million (8.4% margin), and operating income was $29 million, both down from last year but in line with expectations.

Segment Dynamics: Engage segment revenue declined 4%, while Digital grew 5.4%, boosted by product resales; recurring managed services revenue in Digital declined due to legacy product end-of-life.

AI Investments: Significant investments in AI and technology are underway, with over 110 programs using AI tools across more than 65 clients; management expects these investments to improve margins and growth in 2026.

Debt Reduction: Net debt was reduced by $119 million year-over-year, and free cash flow improved significantly compared to last year.

Guidance: Full-year 2025 revenue guidance was maintained, with Engage revenue tracking to the high end of the range; profit guidance is expected at the lower end due to FX and investment-related pressures.

Key Financials
Revenue
$519 million
Adjusted EBITDA
$43 million
Adjusted EBITDA margin
8.4%
Operating income
$29 million
Operating margin
5.6%
EPS
$0.12
Engage Segment Revenue
$397 million
Engage Segment Operating Income
$17 million
Digital Segment Revenue
$122 million
Digital Segment Operating Income
$12 million
Free Cash Flow
-$10 million
Year-to-date Cash Flow from Operations
$119 million
Year-to-date Free Cash Flow
$92 million
Capital Expenditures (Q3)
$14 million
Capital Expenditures YTD
$26 million
Cash
$73 million
Debt
$886 million
Net Debt
$813 million
Net Leverage Ratio
3.46x
Normalized Tax Rate
53.7%
Engage Backlog
$1.66 billion
Engage Revenue Retention Rate (LTM)
89%
Digital Backlog
$444 million
Earnings Call Recording
Other Earnings Calls

Management

Mr. Kenneth D. Tuchman
Founder, Chairman & CEO
No Bio Available
Ms. Michelle R. Swanback
President & CEO of TTEC Engage
No Bio Available
Mr. Francois Bourret CFA
Senior VP, Global Controller & Chief Accounting Officer
No Bio Available
Ms. Margaret B. McLean J.D.
General Counsel & Chief Risk Officer
No Bio Available
Mr. David J. Seybold
Chief Executive Officer of TTEC Digital
No Bio Available
Mr. Kenneth R. Wagers III
Chief Financial Officer
No Bio Available
Mr. Rob Dravenstott
Chief Information Officer
No Bio Available
Mr. Paul Miller
Head of Investor Relations, Senior VP & Treasurer
No Bio Available
Mr. Nick Cerise
Chief Marketing Officer
No Bio Available
Ms. Laura L. Butler
Chief People Officer
No Bio Available

Contacts

Address
COLORADO
Englewood
9197 S Peoria St
Contacts
+13033978100.0
www.ttec.com