TELUS International (TIXT) Tops Q3 EPS by 2c
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TELUS International reports third quarter 2021 results, with increased profitability on strong business performance, and reaffirms full-year outlook
November 5, 2021 6:45 AM EDTRevenue of $556 million, up 30% year-over-year, with solid organic growth and contributions from acquisitions
Continued expansion in profitability, with Adjusted EBITDA of $137 million, up 23% year-over-year, driven by top-line growth, ongoing business and client mix shift, and efficiency gains; Net Income of $23 million and diluted EPS of $0.09
Adjusted diluted EPS of $0.26 was 13% higher year-over-year
Further improvement in leverage ratio with continued strong liquidity
Management reaffirms outlook for robust double-digit growth in 2021 driven by strong, sustained performance
... MoreTELUS reports operational and financial results for third quarter 2021
November 5, 2021 6:45 AM EDTIndustry-leading total mobile and fixed customer growth of 320,000, up 43,000 over last year, marking TELUS highest quarter ever
Strong, high-quality mobile phone net additions of 135,000, a 24,000 increase over the prior year driven by industry-leading mobile phone churn; record connected device net additions of 110,000, up 23,000 year-over-year
Robust wireline customer net additions of 75,000, powered by world-leading customer loyalty in combination with TELUS PureFibre network, including sustained momentum on accretive copper-to-fibre migrations as TELUS continues to successfully execute on its accelerated broadband expansion plan
... More