Convergys revenue fell 3% to $717 million in Q2

Convergys said its revenue fell 3 percent to $717 million in the second quarter of 2015 – mainly due to adverse foreign currency impacts, while net income dipped to $34 million from $36 million.

Andrea Ayers, president and CEO of Convergys, said: “Growth with several existing and new clients on a constant currency basis offset volume fluctuations with a few clients, and we made good progress returning to an organic growth trajectory in the quarter.”
Convergys generated 396.1 million (-3 percent) revenue from Communications, 143.3 (-1 percent) million,
Technology and 51.9 million (+2 percent) from Financial Services and 125.4 million (-5 percent) from other areas.

Convergys is targeting to achieve revenue of $2.94 billion to $3.02 billion, including approximately $0.075 billion negative impact of foreign exchange rates compared with 2014 rates, in the current year.

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