Press release
Investigation announced for Investors who lost money with shares of TTEC Holdings, Inc. (NASDAQ: TTEC)
An investigation for investors in TTEC Holdings, Inc. (NASDAQ: TTEC) shares over potential securities laws violations.
Investors who purchased shares of TTEC Holdings, Inc. (NASDAQ: TTEC), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of TTEC Holdings, Inc. (NASDAQ: TTEC) concerning whether a series of statements by TTEC Holdings, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Greenwood Village, CO based TTEC Holdings, Inc. operates as a customer experience (CX) company that designs, builds, and operates technology-enabled customer experiences across digital and live interaction channels.
On February 29, 2024, TTEC Holdings, Inc. announced its financial results for fourth quarter and full year 2023. TTEC Holdings, Inc. reported that its annual Total Revenue rose from over $2.44 billion in 2022 to over $2.46 billion in 2023, and that its Net Income declined from $103.24 million in 2022 to $8.42 million in 2023. Among other items, TTEC Holdings, Inc. announced non-GAAP earnings per share of $0.37, missing consensus estimates by $0.02. TTEC also cautioned investors that "client budget constraints", the elimination of a TTEC-supported business line at "a long-tenured client", and a "timing lag between our recent wins and normalized revenue run rate and margins" all presented "challenges" impacting the Company's 2024 outlook.
Shares of TTEC Holdings, Inc. (NASDAQ: TTEC) declined from over $38 per share in April 2023 to as low as $8.18 per share on April 05, 2024.
Those who purchased shares of TTEC Holdings, Inc. (NASDAQ: TTEC) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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