TTEC Holdings, Inc. (NASDAQ:TTEC) is one of the Best 52-Week Low Penny Stocks to Buy Now. On August 8, William Blair analyst Maggie Nolan maintained a Buy rating on TTEC Holdings, Inc. (NASDAQ:TTEC), without disclosing any price target.
The analyst reiterated his bullish sentiment following the company’s fiscal second quarter 2025 earnings release. Nolan noted that the company exceeded revenue expectations despite a slight 3.8% year-over-year decrease. The company posted a revenue of $513.57 million, which exceeded expectations by $17.64 million. Moreover, TTEC Holdings, Inc. (NASDAQ:TTEC) demonstrated solid growth, particularly in its embedded customer base within the Engage segment. The segment showed a decline but outperformed estimates, driven by AI-driven solutions that improved client retention and growth.
A business executive reviewing customer analytics on their laptop in a modern office.
In addition, Nolan also highlighted the company’s cost optimization strategies that led to better operating margins across both its segments. Looking ahead, management raised its full-year outlook and now expects revenue in the range of $2.06 billion to $2.11 billion.
TTEC Holdings, Inc. (NASDAQ:TTEC) provides customer experience technology and services, using artificial intelligence. It operates through two main segments, including the Digital and Engage segments.
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Disclosure: None. This article is originally published at Insider Monkey.
