TeleTech Holding Co., an international call center operator, logged third-quarter profits even with 2008 despite a year-over-year revenue drop of 19 percent.
The Englewood-based company (NASDAQ: TTEC) on Wednesday reported earning $21.5 million, or 32 cents per share, on revenue of $281.5 million for the quarter that ended Sept 30. That compares to the third-quarter profit in 2008 of $21.1 million, or 29 cents per share, on $349.1 million in revenue.
TeleTech reported cutting its third-quarter expenses by $68.4 million, or 21 percent, from the year-ago period.
TeleTech employs about 500 people at its headquarters and once had more than 63,000 employees in centers across 18 countries. The company spent $815,000 on workforce reductions in the third quarter, and its total number of employees isn’t clear.
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