Convergys Q2 Profit Rises - Quick Facts

(RTTNews) - Convergys Corp. (CVG) reported second-quarter net income of $23.4 million or $0.22 per share, compared to $14.6 milion or $0.13 per share last year. Profit per share from continuing operations was $0.20, compared to a loss of $0.47 prior year.

Adjusted net income from continuing operations, net of tax, was $27.4 million or $0.25 per share for the quarter. On average, eight analysts polled by Thomson Reuters expected the company to report profit per share of $0.24 for the quarter. Analysts' estimates typically exclude special items.

Total revenues rose to $504.3 million from $491.1 million last year. Analysts expected revenue of $501.14 million for the quarter.

For 2013, Convergys continues to expect: revenue to exceed $2.06 billion; and adjusted EPS to exceed $1.05. Analysts expect the company to report full year profit per share of $1.08 on revenue of $2.06 billion.