TeleTech Q3 Profit Declines, Trims 2014 Revenue Outlook - Quick Facts

(RTTNews) - TeleTech Holdings, Inc. (TTEC) reported third-quarter net income attributable to stockholders of $13.25 million or $0.27 per share, lower than $17.64 million or $0.34 per share in the prior-year quarter.

Excluding items, adjusted net income for the quarter was $15.25 million or $0.31 per share, compared to $19.72 million or $0.38 per share in the year-ago quarter.

On average, sis analysts polled by Thomson Reuters expected the company to report earnings of $0.37 per share for the quarter. Analysts' estimates typically exclude special items.

Revenue for the quarter grew to $305.90 million from $297.0 million last year. Adjusted revenue increased to $305.80 million from $298.21 million in the same quarter last year. Analysts expected revenue of $307.15 million for the quarter.

Looking ahead to fiscal 2014, the company currently expects revenues between $1.230 billion and $1.235 billion, down from the prior projection between $1.245 billion and $1.260 billion. Street is currently looking for full-year 2014 revenues of $1.25 billion.