Convergeys net profits up 22% in third quarter
US billing services company Convergys (NYSE: CVG) posted net profits of US$33.9mn in the third quarter of 2013, up 22% compared to US$27.9mn in the year-ago quarter, according to the company's latest financial results report.
Convergys' total revenues were US$521mn for the quarter, up 3% year-on-year, said the firm.
The company's communications unit generated revenues of US$314mn, up 1% year-over-year, while the technology division saw revenues climb 24% to US$52.2mn. Financial services, meanwhile, generated revenues of US$43mn, down 14% compared to the year-ago quarter.
Convergys has reduced its 2013 full-year revenue estimate to US$2.05bn from US$2.06bn. The estimate was lowered because of volume fluctuations with one large, unnamed client.
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News in: ICT (Mexico)
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Get critical information about thousands of ICT projects in Latin America: what stages they're in, capex, related companies, contacts and more.
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Mexico Tower Partners (MTP) builds, owns, manages and leases telecommunication towers in the country, with a current portfolio of over 1,700 cell towers. The infrastructure is i...
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The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
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Scitum S.A. de C.V. is a Mexican company controlled by Teléfonos de México S.A.B. of C.V. (Telmex) and Grupo Carso S.A.B. of C.V. The firm provides information security within L...