Latest news with #TIXT
Yahoo
02-08-2025
- Business
- Yahoo
TELUS Digital (TIXT) Q2 Earnings and Revenues Beat Estimates (Revised)
TELUS Digital (TIXT) came out with quarterly earnings of $0.06 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to earnings of $0.16 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +20.00%. A quarter ago, it was expected that this digital services provider would post earnings of $0.06 per share when it actually produced earnings of $0.06, delivering no surprise. Over the last four quarters, the company has surpassed consensus EPS estimates two times. TELUS Digital, which belongs to the Zacks Internet - Software industry, posted revenues of $699 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 5.93%. This compares to year-ago revenues of $652 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. TELUS Digital shares have lost about 3.8% since the beginning of the year versus the S&P 500's gain of 7.8%. What's Next for TELUS Digital? While TELUS Digital has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for TELUS Digital was unfavorable. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #4 (Sell) for the stock. So, the shares are expected to underperform the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.09 on $675.26 million in revenues for the coming quarter and $0.32 on $2.71 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Internet - Software is currently in the top 31% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. Another stock from the same industry, Diebold Nixdorf, Incorporated (DBD), has yet to report results for the quarter ended June 2025. The results are expected to be released on August 6. This company is expected to post quarterly earnings of $0.61 per share in its upcoming report, which represents a year-over-year change of -47.4%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. Diebold Nixdorf, Incorporated's revenues are expected to be $886.1 million, down 5.7% from the year-ago quarter. (We are reissuing this article to correct a mistake. The original article, issued on August 1, 2025, should no longer be relied upon.) Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Telus Digital (TIXT) : Free Stock Analysis Report Diebold Nixdorf, Incorporated (DBD) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Zawya
30-07-2025
- Business
- Zawya
TELUS Digital expands into the Middle East with opening of Dubai office
Dubai, UAE - TELUS Digital Experience (TELUS Digital) (NYSE and TSX: TIXT), a leading global technology company specializing in digital customer experiences (CX), today announced the opening of its TELUS Digital Dubai office in the United Arab Emirates (UAE). This marks the company's entry into the Middle East, reinforcing its commitment to supporting its clients around the world with innovative, AI-fueled solutions that drive customer engagement and a more efficient enterprise. With accelerating demand for digital transformation across the Gulf region, Dubai offers an ideal hub for TELUS Digital to provide end-to-end services through strategy, delivery, and managed operations - with expertise in digital strategy consulting and experience design, AI-powered automation, and customer experience modernization - all supported by its global team and delivery model. AI in Dubai powers TELUS Digital's regional strategy ' Opening a local office in the Middle East is a natural step in deepening our presence in key growth markets,' said Tobias Dengel, President, TELUS Digital Solutions. 'Across the Gulf region, there's growing interest to work with full-service partners from the strategy development phase through to designing and building digital experiences, AI platforms, and customer solutions at scale. This is exactly where we excel. Our expert team located around the world brings together consulting and product strategy with deep expertise in AI, computer vision and automation to help our clients build intelligent, future-ready experiences. The Gulf region's forward-thinking infrastructure and pro-innovation environment make it the ideal place to do this work.' The Middle East accelerates its AI investments Artificial intelligence (AI) is at the forefront of national strategies across the Middle East, with countries including the UAE, Saudi Arabia and Qatar making ambitious investments to drive economic diversification and digital leadership. In the UAE, the government's AI 2031 strategy sets out a bold vision to become a global leader in AI, supported by major public-sector initiatives and multi-billion-dollar investments in AI infrastructure and compute capacity. These efforts are fueling innovation across critical sectors such as energy, transportation, logistics, healthcare and education, positioning the region as a growing hub for AI research, development and deployment. As the UAE positions itself at the forefront of AI adoption, TELUS Digital's new Dubai office will serve as a launch point to enable work across those key sectors as well as additional verticals including financial services, telecom and media, hospitality, and retail. 'What sets TELUS Digital apart is our ability to combine the precision of a bespoke partner with the scale and experience of a global organization that spans more than 30 countries,' said Mona Kadouh, Managing Director, TELUS Digital Middle East. 'We are deeply invested in understanding our clients' specific challenges rather than selling generic solutions. We like to say that we 'fall in love with our clients' problems' - a mindset that we demonstrate through our hands-on approach, leveraging proprietary GenAI and AI data platforms, and supported by a strong ecosystem of trusted technology partners.' TELUS Digital expands its global delivery in South Africa and India TELUS Digital recently expanded its global delivery footprint with the addition of its second site in South Africa, located in Cape Town, and its sixth site in India, in Ahmedabad, located in GIFT City, the country's first operational smart city and Special Economic Zone (SEZ). These sites provide strategic proximity to key markets in Europe and the Middle East and expand the company's CX delivery capabilities and multilingual support, as well as its ability to support key business functions for clients', including IT, HR, talent acquisition, finance and workforce management. Across its Centers of Excellence in India, TELUS Digital also provides specialized expertise in digital transformation, data annotation and AI services. With increasing demand for AI in the UAE and the broader Middle East, TELUS Digital Middle East is committed to supporting UAE digital transformation goals and smart city initiatives. Our CX innovation capabilities help clients across sectors embrace responsible, AI-powered change. Visit our TELUS Digital Dubai location page to explore how we support AI in the Middle East: About TELUS Digital TELUS Digital (NYSE & TSX: TIXT) crafts unique and enduring experiences for customers and employees and creates future-focused digital transformations that deliver value for our clients. We are the brand behind the brands. Our global team members are both passionate ambassadors of our clients' products and services, and technology experts resolute in our pursuit to elevate their end customer journeys, solve business challenges, mitigate risks, and drive continuous innovation. Our portfolio of end-to-end, integrated capabilities include customer experience management, digital solutions, such as cloud solutions, AI-fueled automation, front-end digital design and consulting services, AI & data solutions, including computer vision, and trust, safety and security services. Fuel iXTM is TELUS Digital's proprietary platform and suite of products for clients to manage, monitor, and maintain generative AI across the enterprise, offering both standardized AI capabilities and custom application development tools for creating tailored enterprise solutions. Powered by purpose, TELUS Digital leverages technology, human ingenuity and compassion to serve customers and create inclusive, thriving communities in the regions where we operate around the world. Guided by our Humanity-in-the-Loop principles, we take a responsible approach to the transformational technologies we develop and deploy by proactively considering and addressing the broader impacts of our work. Learn more at: Contacts: TELUS Digital Media Relations Louise Magahis Hanover Communications lcoleenmagahis@ TELUS Digital Investor Relations Olena Lobach ir@
National Post
15-07-2025
- Business
- National Post
TELUS Digital will release second quarter 2025 results and host an investor call on August 1
Article content VANCOUVER, British Columbia — TELUS Digital (NYSE and TSX: TIXT) will release its second quarter 2025 results on August 1, 2025, before the North American market open hours, and host a conference call on the same day at 10:30 a.m. (ET) / 7:30 a.m. (PT), where management will review the results, followed by a question and answer session with pre-qualified analysts. Article content A webcast of the conference call will be streamed live on the TELUS Digital Investor Relations website at: and a replay will also be available on the website following the conference call. Article content About TELUS Digital Article content TELUS Digital Article content (NYSE & TSX: TIXT) crafts unique and enduring experiences for customers and employees, and creates future-focused digital transformations that deliver value for our clients. We are the brand behind the brands. Our global team members are both passionate ambassadors of our clients' products and services, and technology experts resolute in our pursuit to elevate their end customer journeys, solve business challenges, mitigate risks, and drive continuous innovation. Our portfolio of end-to-end, integrated capabilities include customer experience management, digital solutions, such as cloud solutions, AI-fueled automation, front-end digital design and consulting services, AI & data solutions, including computer vision, and trust, safety and security services. Article content TM Article content is TELUS Digital's proprietary platform and suite of products for clients to manage, monitor, and maintain generative AI across the enterprise, offering both standardized AI capabilities and custom application development tools for creating tailored enterprise solutions. Article content Article content Article content Article content Contacts Article content For more information, please contact: Article content
Business Insider
12-07-2025
- Business
- Business Insider
RBC Capital Reaffirms Their Hold Rating on TELUS International (CDA) (TIXT)
In a report released on July 9, Daniel Perlin from RBC Capital maintained a Hold rating on TELUS International (CDA), with a price target of $5.00. The company's shares closed yesterday at $3.75. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Perlin is an analyst with an average return of -9.6% and a 39.64% success rate. Perlin covers the Technology sector, focusing on stocks such as Affirm Holdings, Broadridge Financial Solutions, and Fidelity National Info. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for TELUS International (CDA) with a $3.92 average price target. TIXT market cap is currently $1.06B and has a P/E ratio of -9.41. Based on the recent corporate insider activity of 63 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of TIXT in relation to earlier this year.
Yahoo
07-07-2025
- Business
- Yahoo
TELUS International Acquires Gerent to Enhance Salesforce, AI-Driven Customer Experience Solutions
TELUS International (Cda) Inc. (NYSE:TIXT) is one of the cheap penny stocks to buy now. Towards the end of May, TELUS announced its acquisition of Gerent. Gerent is a US-based Salesforce-focused consultancy that delivers enterprise-scale implementation and integration projects, as well as agentic AI solutions. Following the acquisition, Gerent's full portfolio of services is now offered by TELUS Digital, and the Gerent brand is slated for retirement by the end of Q3 2025. Gerent is recognized as a Salesforce Summit Partner and supports 1,800 certifications across the entire Salesforce product suite. Its workforce has completed 1,000+ Salesforce projects globally by now. The company has also maintained a strong customer satisfaction score of 4.9 out of 5.0. A robotic process automation system in a modern datacenter. The move aligns with TELUS Digital's fusion-based growth strategy, which combines talent with advanced technologies to create future workforces. These workforces will integrate AI-enabled humans and autonomous AI agents to deliver smarter, faster, and more personalized CX at scale. TELUS International (Cda) Inc. (NYSE:TIXT) offers digital customer experience and digital solutions internationally. While we acknowledge the potential of TIXT as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
