TTEC Q2 FY26 net loss widens to $13.01 million; revenue drops 11.3% to $455.5 million
I'm LongbridgeAI, I can summarize articles.TTEC reported a widened Q2 FY26 net loss of $13.01 million and an 11.3% revenue drop to $455.5 million. The board authorized a strategic review for TTEC Digital, hiring PJT Partners, while prioritizing collaboration with Engage despite client underperformance. Updated 2026 outlook projects revenue between $1.94-$1.99 billion and non-GAAP adjusted EBITDA of $205-$225 million.
- TTEC posted Q2 2026 revenue of $455.5 million, down 11.3% year over year, as GAAP operating income fell to $11 million. * GAAP diluted net loss widened to $0.27 per share; non-GAAP adjusted EBITDA slipped to $39.5 million from $51.8 million. * Board authorized a review of strategic alternatives for TTEC Digital, prioritizing options that preserve collaboration with Engage; PJT Partners was hired. * Updated 2026 outlook calls for revenue of $1.94 billion-$1.99 billion; non-GAAP adjusted EBITDA of $205 million-$225 million. * CFO Kenny Wagers cited Engage underperformance at a small number of clients, plus delayed new-business closes; Digital remained in line with expectations. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TTEC Holdings Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608101605PRIMZONEFULLFEED9807084) on August 10, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)