Convergys Revises Full-year Guidance - Quick Facts

(RTTNews) - Convergys (CVG) announce the company is revising guidance for full-year consolidated results to reflect contributions from the buw acquisition and now expects: consolidated constant currency revenue growth to approximate 2 percent, including the buw contribution, revised from prior guidance to approximate zero percent. The company continues to expect organic constant currency revenue growth to approximate zero percent. The company now projects adjusted EPS growth of 7 percent to 9 percent, including the buw contribution, revised from prior guidance of 5 percent to 8 percent.

For the second-quarter, adjusted net income from continuing operations was $42 million, or $0.41 per share, compared with $34 million, or $0.33 per share, in the same period last year. For the second-quarter, revenue was $692 million including $6 million adverse foreign currency impacts, a decrease of 3.4 percent as reported and 2.6 percent on a constant currency basis, compared with $717 million in the same period last year.