08.08.2016 23:09:54
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Convergys Corp. Bottom Line Climbs 21% In Q2
(RTTNews) - Convergys Corp. (CVG) revealed earnings for its second quarter that climbed from last year.
The company said its bottom line climbed to $41.6 million, or $0.41 per share. This was higher than $34.3 million, or $0.33 per share, in last year's second quarter.
Analysts had expected the company to earn $0.37 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter fell 3.4% to $692.3 million. This was down from $716.7 million last year.
Convergys Corp. earnings at a glance:
-Earnings (Q2): $41.6 Mln. vs. $34.3 Mln. last year. -Earnings Growth (Y-o-Y): 21.3% -EPS (Q2): $0.41 vs. $0.33 last year. -EPS Growth (Y-o-Y): 24.2% -Analysts Estimate: $0.37 -Revenue (Q2): $692.3 Mln vs. $716.7 Mln last year. -Revenue Change (Y-o-Y): -3.4%
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