TELUS International (TIXT, TIXT.TO) reported that its fourth quarter net income was $38 million or $0.10 per share, compared to $34 million or $0.13 per share last year, with revenue growth outpacing the increase in operating expenses, while higher interest expense and income taxes were offset by impacts from changes in business combination-related provisions related to the revaluation of the provisions for written put options arising from our acquisition of WillowTree.
Adjusted net income, which excludes the impact of such items, was $72 million in the fourth quarter of 2023, compared with $95 million in the same quarter of the prior year, with higher operating expenses, interest expense and tax expense outpacing revenue growth.
Revenue for the fourth quarter was $692 million, up $62 million, an increase of 10% year-over-year on a reported basis and 9% on a constant currency basis..
Looking ahead for 2024, the company projects adjusted earnings per share in the range of $0.93 to $0.98, representing growth of 7% to 13%. It projects annual revenue in the range of $2.79 billion to $2.85 billion, representing growth of 3% to 5%.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.