TTEC Announces Fourth Quarter and Full Year 2024 Financial Results
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TTEC Holdings, Inc. reported a 9.4% decrease in Q4 2024 revenue to $567.4 million and a full-year revenue decline of 10.4% to $2.208 billion. The company experienced a net loss of $310.6 million for the year. TTEC provided an outlook for 2025.
February 27, 2025 | 9:15 pm
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TTEC Holdings reported a significant decline in both quarterly and annual revenues for 2024, with a net loss of $310.6 million. The company has provided an outlook for 2025, indicating a challenging transitional year.
The reported decline in revenue and net loss for 2024 suggests financial challenges for TTEC, likely impacting investor sentiment negatively in the short term. The provision of a 2025 outlook indicates attempts to manage expectations.
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