Convergys reports Q1 2018 results

Convergys Corporation (NYSE: CVG), a global provider of customer experience outsourcing, has announced its financial results for the first quarter of 2018, the company said.

The company also announced that the board of directors approved raising its regular quarterly dividend 10 percent to USD 0.11 per share.

Revenue of USD 674 million, down 7 percent as reported and down 10 percent on a constant currency basis compared with prior year;

GAAP operating income was USD 35 million, compared with USD 49 million in the prior year; adjusted operating income was USD 60 million, compared with USD 71 million in the prior year;

GAAP net income was USD 30 million, compared with USD 38 million in the prior year; adjusted net income was USD 40 million, compared with USD 52 million in the prior year;

Convergys delivers consistent, quality customer experiences in 58 languages around the globe.