TTEC - TTEC Holdings' Performance Sags As Costs Remain High
2024-01-26 14:00:40 ET
Summary
- TTEC Holdings, Inc. has been producing negative results as revenue flattens and costs remain high.
- Demand remains soft, and AI projects are mostly just pilots, offering no near-term improvement for TTEC Holdings.
- Although management has hopes for a rebound later in 2024, I'm Neutral [Hold] on TTEC Holdings for now.
TTEC Holdings, Inc. ( TTEC ) has continued to produce negative results for shareholders despite a 4.87% dividend yield.
I previously wrote about TTEC with a Hold outlook due to clients delaying discretionary projects and exerting more scrutiny over existing and new project engagements....
TTEC Holdings' Performance Sags As Costs Remain High