08:40 AM EDT, 08/01/2025 (MT Newswires) -- TELUS Digital Experience , which specializes in digital customer experiences, on Friday reported a wider second-quarter net loss, primarily due to a non-cash charge of US$224 million related to the impairment of goodwill. Revenue rose and beat expectations.
The company reported a net loss of US$272 million for the three-months ended June 30, compared with US$3 million, a year earlier. Adjusted earnings per diluted share declined to US$0.06 in Q2, compared with US$0.16, a year-ago, but was in-line with consensus estimate compiled by FactSet.
Revenue for the quarter increased to US$699 million compared with US$652 million, a year-ago. The result beat consensus estimate compiled by FactSet of US$658.5 million and was primarily driven by growth in services provided to existing clients, and new clients added since the same period, partially offset by lower revenues from certain technology and eCommerce clients.
"With incremental improvement in our top-line growth, we remain vigilant in protecting our operating margins, which remain pressured due to the overall competitive pricing environment in our industry," said Telus Digital Chief Financial Officer Gopi Chande.
The company reiterated its full-year 2025 outlook for organic revenue growth of about 2%, adjusted EBITDA near US$400 million and adjusted diluted EPS of about US$0.32.
Shares of the company closed down 1.9% to $5.23 on Thursday on the Toronto Stock Exchange.