TTEC Holdings, Inc. (NASDAQ:TTEC) Q2 2023 Earnings Conference Call August 4, 2023 8:30 AM ET

Company Participants

Paul Miller - SVP, Treasurer and IR

Ken Tuchman - Chairman and CEO

Shelly Swanback - President and CEO, TTEC Engage

Francois Bourret - Interim CFO, TTEC

Conference Call Participants

Bryan Bergin - TD Cowen

Mike Latimore - Northland Capital Markets

George Sutton - Craig-Hallum

Maggie Nolan - William Blair

Joseph Vafi - Canaccord

Cassie Chan - Bank of America

Operator

Welcome to TTEC's Second Quarter 2023 Earnings Conference Call. [Operator Instructions] This call is being recorded at the request of TTEC.

I'd now like to turn it over to your host, Mr. Paul Miller, TTEC's Senior Vice President, Treasurer and Investor Relations Officer. Thank you, sir. You may begin the call.

Paul Miller

Good morning and thank you for joining us today. TTEC is hosting this call to discuss its second quarter financial results for the period ended June 30, 2023.

Participating on today's call are Ken Tuchman, Chairman and Chief Executive Officer of TTEC; Shelly Swanback, President of TTEC and Chief Executive Officer of TTEC Engage; and Francois Bourret, Interim Chief Financial Officer of TTEC.

Yesterday TTEC issued a press release announcing its financial results. While this call will reflect items discussed within that document. For a complete information about our financial performance, we also encourage you to read our second quarter 2023 Quarterly Report on Form 10-Q, which we anticipate filing in the coming business days.

Before we begin, I want to remind you that matters discussed on today's call may include forward-looking statements related to our operating performance, financial goals and business outlook, which are based on management's current beliefs and assumptions. Please note that these forward-looking statements reflect our opinion as of the date of this call, and we undertake no obligation to revise this information, as a result of new developments that may occur. Forward-looking statements are subject to various risks, uncertainties and other factors that could cause our actual results to differ materially from those expected and described today. For a more detailed description of our risk factors please review our 2022 Annual Report on Form 10-K. A replay of this conference call will be available on our website under the Investor Relations section.

I will now turn the call over to Ken.

Ken Tuchman

Good morning and thank you for joining us today.

This quarter, we executed on our plans and exceeded the midpoint of our second quarter guidance. Revenue was $600 million, adjusted EBITDA was $67 million reflecting our continued investments, non-GAAP EPS was $0.55 per share and we closed 19 new logos across the Digital and Engage business segments. We continue to make significant progress this quarter by staying laser focused on delivering high-value outcomes for our clients across the globe.