Telus International reports Q1 loss, meets adjusted earnings expectations on revenue beat

Telus International (NYSE:TIXT) on Friday reported a net loss of $25 million in its first quarter, though the digital services provider's adjusted earnings met Wall Street projections, and its revenue surpassed forecasts.

The company reported a loss of 9 cents per share for the quarter.

However, when adjusted for one-time gains and costs, earnings came in at 6 cents per share.

This figure aligned with the average estimate of four analysts surveyed by Zacks Investment Research.

Telus International posted revenue of $670 million for the period, exceeding the expectations of analysts.

Five analysts surveyed by Zacks had an average revenue forecast of $651.4 million.

Looking ahead, Telus International expects full-year earnings to be 32 cents per share.