Revenue decreased 4.0% to $363.8 million, with Multisector and Telefónica (TEF) sales decreasing 3.3% and 5.5%, respectively, due to lower client volumes, mainly in Brazil and the US, partially offset by inflation pass-through Total Annual Value of sales (TAV) increased 16.4% to $54.7 million, growing 88.7% in hard currencies that accounted for 60.2% of TAVĮxcluding the effect of a large one-time Covid-19 services contract signed with State of Maryland in first quarter 2021, TAV would have increased 27.7% in first-half 2022 All comparisons in this announcement are year-over-year (YoY) and in constant-currency (CCY), unless otherwise noted.
(NYSE: ATTO ) ("Atento" or the "Company"), one of the five largest providers of Customer Relationship Management and Business Process Outsourcing (CRM / BPO) services worldwide and sector leader in Latin America, announced today its second quarter operating and financial results for the period ending June 30, 2022. Strong year-end exit rate forecasted, based on sales momentum and improving cost structure Working capital improved to positive $9 million in 2Q22, versus negative $25 million in 2Q21ĭue to uncertain macroeconomic conditions, annual guidance revised to flat revenue growth, EBITDA margin of 11.5% to 12.5%, and leverage ratio of 3.0x to 3.5x
#Atento call center free
Cash position rose 6.1% to healthy $103 million, with strong free cash flow turnaround to positive $5 million, versus negative $26 million in 2Q21 and negative $65 million in 1Q22 Record June sales of $34 million, growing to 60% in hard currency, and Total Annual Value of Sales in Q2 increasing 16.4% to $54.7 millionĪccelerated 2022 cost efficiency program, realizing $15 million cost reductions by year-end, or $25 million on an annualized basis. Atento Reports Fiscal 2022 Second Quarter and First Half Resultsĭemanding quarter, but management believes positive inflection point has been reached with strong 2H trend underway