TELUS INTERNATIONAL Reports 6.9% Revenue Increase in Q2 FY2023 with USD 667.0 million Total Revenue
August 7, 2023
☀️Earnings Overview
On August 4 2023, TELUS INTERNATIONAL ($NYSE:TIXT) reported total revenue of USD 667.0 million for the second quarter of FY2023, a 6.9% increase from the prior year quarter. However, the company’s net income for the period was USD -7.0 million, a decrease from the USD 56.0 million recorded in Q2 of FY2022.
Analysis
GoodWhale has conducted a detailed analysis of the fundamentals of TELUS INTERNATIONAL. According to the Star Chart, this company is classified as a ‘gorilla’, a type of company that has achieved steady and high revenue or earnings growth due to its competitive advantage. This makes it an attractive option for investors who are looking for long-term growth. TELUS INTERNATIONAL is strong in terms of growth, profitability, and weak in asset, dividend. However, it has a high health score of 8/10 considering its cash flows and debt, which implies it is capable to pay off debt and fund future operations. This is an indication that the company is positioned well to continue to grow in the long term. The company has strong fundamentals and its competitive advantage ensures it will remain ahead of its rivals. Therefore, investors who are looking for long-term growth should strongly consider TELUS INTERNATIONAL. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Telus International. More…
| Total Revenues | Net Income | Net Margin |
| 2.6k | 100 | 6.3% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Telus International. More…
| Operations | Investing | Financing |
| 384 | -938 | 574 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Telus International. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 4.96k | 2.97k | 7.3 |
Key Ratios Snapshot
Some of the financial key ratios for Telus International are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 34.3% | 36.0% | 7.7% |
| FCF Margin | ROE | ROA |
| 11.2% | 6.5% | 2.5% |
Summary
TELUS INTERNATIONAL recently released its earnings results for the second quarter of FY2023, showing total revenue of USD 667.0 million, up 6.9% on the prior year, and a net loss of USD -7.0 million, compared to a net income of USD 56.0 million in the same quarter of the previous year. The stock price rose on the news, suggesting investors are confident in the company’s long-term potential. Moving forward, investors in TELUS INTERNATIONAL should consider the company’s growth prospects, its competitive positioning in the industry, and its ability to capitalize on market trends. The company’s financial health and management strategies will also be key factors for investors to consider.
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