TTEC shares are trading lower after the company reported mixed Q4 financial results and issued Q1 and FY24 adjusted EPS and revenue guidance below estimates.
Portfolio Pulse from Benzinga Newsdesk
TTEC shares dropped following the announcement of mixed Q4 financial results and the issuance of Q1 and FY24 adjusted EPS and revenue guidance that fell below analyst estimates.
February 29, 2024 | 9:47 pm
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TTEC shares declined due to mixed Q4 financial outcomes and disappointing Q1 and FY24 guidance.
The decline in TTEC shares is directly attributed to the company's mixed Q4 financial performance and its future earnings and revenue guidance, which did not meet analyst expectations. This typically leads to a negative short-term impact on the stock as investors adjust their expectations based on the new guidance.
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