Telus International sees FY24 adjusted EPS 93c-98c vs 91c in FY23

Sees FY24 revenue $2.790B-$2.850B vs $2.708B in FY23. Sees FY24 adjusted EBITDA $623M-$643M, representing growth of 7% to 10%, and Adjusted EBITDA Margin in the range of 22.3%-22.6%. The company said, “Beginning in the Q1 of FY24 we will no longer exclude share-based compensation expense and changes in business combination-related provisions, and the tax effects of these items, as applicable, in our presentation of Adjusted Net Income, Adjusted Basic and Diluted EPS, and Adjusted EBITDA. We believe this presentation is more indicative of underlying business performance, and better aligns the presentation of these non-GAAP financial measures and ratios with comparable measures and ratios of TELUS Corporation, our parent company.”