| Tuesday | ||||
In a regulatory filing,… In a regulatory filing, TTEC Holdings discloses that its EVP of TTEC Engage Martin Deghetto sold 20K shares of common stock on August 7th in a total transaction size of $1.15M. | ||||
| Monday | ||||
Catch up on today's… Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. Q2 Holdings (QTWO) was downgraded to Equal Weight from Overweight at Morgan Stanley and to Neutral from Buy at BTIG. 2. Brookfield Renewable (BEP) downgraded to Hold from Buy at Industrial Alliance. 3. Alteryx (AYX) downgraded to Neutral from Buy at Guggenheim with analyst Imtiaz Koujalgi saying although the disruption caused by the pandemic is a factor, he is worried about broader execution and demand challenges. 4. TTEC Holdings (TTEC) downgraded to Neutral from Buy at Sidoti. 5. Olin (OLN) downgraded to Neutral from Buy at BofA with analyst Steve Byrne saying the company's Q2 results marked its third consecutive quarter of missed EBITDA. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here. | ||||
Sidoti analyst Josh Vogel… Sidoti analyst Josh Vogel downgraded TTEC Holdings to Neutral from Buy with a $62 price target. | ||||
| Over a week ago | ||||
Sees FY20 revenue… Sees FY20 revenue $1.766B-$1.784B, consensus $1.69B. | ||||
Reports Q2 revenue… Reports Q2 revenue $453.1M, consensus $395.2M. | ||||
TTEC Holdings (TTEC)… TTEC Holdings (TTEC) announced that it agreed to acquire VoiceFoundry, a global partner of Amazon Web Services (AMZN), creating an end-to-end CX delivery solution for Amazon Connect. The U.S. and European parts of the acquisition closed today, with the Australian and ASEAN acquisition expected to close pending regulatory approvals. | |
Morgan Stanley analyst… Morgan Stanley analyst James Faucette initiated coverage of TTEC Holdings with an Equal Weight rating and $47 price target. While Faucette said he appreciates the company's "transformational self-help journey" of expanding into digital offerings beyond voice, but he anticipates such a transformation will take time. |
| Over a month ago | ||||
TTEC Holdings announced… TTEC Holdings announced that it is hiring 7,300 healthcare licensed insurance agents and agent trainees nationwide to work from home ahead of healthcare's open enrollment season. As part of the program, those with a desire to grow their career will be enrolled in TTEC's College of Insurance program to prepare them to be licensed health insurance agents in their state. In Louisiana, TTEC has partnered with Acadiana Workforce Solutions to provide this upskilling program at no cost to those who are hired. | ||||
Ooma (OOMA) announced the… Ooma (OOMA) announced the appointment of Judi Hand, an experienced cloud services sales and marketing leader, to its board of directors, effective June 3, 2020. Hand is executive vice president and chief revenue officer of TTEC Holdings (TTEC) in Englewood, Colorado. | ||||
| Over a quarter ago | ||||
"The inherent value… "The inherent value of our diverse portfolio of marquee clients, the resiliency and agility of our business model, and strength of our balance sheet, liquidity and cash flow carry even greater importance during uncertain times," commented Regina Paolillo, chief financial and administrative officer. "We are confident that we have the necessary resources to support our existing business as well as new business opportunities associated with the pandemic." Paolillo continued, "While it is too early to fully understand the net impact of COVID-19 on our financial performance, we continue to see net top and bottom line growth in 2020. We estimate the combination of a healthy revenue backlog, COVID-19 related surge work, and the increased volumes from recent acquisitions to more than offset the economic headwinds of this crisis." | ||||