09:23 AM EDT, 08/02/2024 (MT Newswires) -- TELUS International (TIXT) reported Q2 adjusted earnings Friday of $0.16 per diluted share, unchanged from a year earlier.

Analysts polled by Capital IQ expected $0.26.

Revenue for the quarter ended June 30 was $652 million, down from $667 million a year earlier.

Analysts surveyed by Capital expected $682.4 million.

The company said it now expects 2024 adjusted diluted EPS of $0.39 to $0.44 on revenue of $2.61 billion to $2.67 billion, compared with its previous guidance of adjusted diluted EPS of $0.93 to $0.98 on revenue of $2.79 billion to $2.85 billion.

Analysts surveyed by Capital IQ expect 2024 normalized EPS of $0.95 on revenue of $2.79 billion.

Shares of the company fell nearly 26% in premarket activity on Friday.

Price: 4.81, Change: -1.67, Percent Change: -25.77