TeleTech Holdings Q1 Profit Rises

(RTTNews) - TeleTech Holdings Inc. (TTEC), Monday reported first-quarter net income of $20.2 million or $0.40 per share, up from $18.0 million or $0.34 per share last year.

Adjusted earnings for the quarter were $0.42 per share from $0.32 per share last year.

First-quarter revenues grew to $302.2 million from $288.4 million last year.

Analysts polled by Thomson Reuters estimated earnings of $0.33 per share on revenues of $300.55 million for the quarter. Analysts' estimates typically exclude special items.

Looking forward to the full year 2014, the company continues to see year revenue growth estimated between four and six percent from $1.240 to $1.260 billion. Analysts currently expect revenues of 1.25 billion for the year.