Total revenue increased in 2021
In 2021, its total revenue increased to $2,273 million since 2020. This represents an 16.6% increase. Specifically, the revenue for its TTEC Digital segment in 2021 was $107.1 million, representing a 34.9% increase from 2020. Its TTEC Engage segment revenue in 2021 was $216.7 million, representing a 13.2% increase from 2020. Its 2021 operating income was $217.2 million, representing an increase from 2020’s $204.7. Its 2021 operating income represented a 9.6% of revenue whereas its 2020 operating income represents 10.5% of revenue.
Balance Sheet|Competition|New ActivityIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
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