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Convergys Reports 2Q Nos.

By Multi Channel News Staff -- Multichannel News, 7/21/2004 8:26:00 AM

Total second-quarter revenues at billing vendor Convergys Corp. were up 7% to $601.7 million from $563.2 million in the second quarter of 2003.

The company posted net income of $28.7 million, or 20 cents per diluted share, compared with $42.8 million (29 cents) in the year-ago period.

“During the second quarter, we continued to see substantial, broad-based growth from our customer-management group, and within the information-management group, our ‘Infinys’ technology continues to gain acceptance in the marketplace," Convergys chairman, president and CEO Jim Orr said in a prepared statement.

“We expect to see an improvement in our profitability beginning in the second half based on strong execution of our strategy for growth, new business wins and the investments we are making to take advantage of market opportunities,” he added.

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