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VANCOUVER - On Friday, Telus (NYSE:TU) Digital (NYSE and TSX:TIXT) reported second quarter 2025 revenue of $699 million, up 7% from the year-ago period, as the company saw incremental improvement in its performance driven primarily by its existing client base, including parent company Telus.
The company’s stock dipped 0.31% in pre-market trading following the results.
Despite the revenue growth, the company posted a net loss of $272 million, or -$0.98 per share, compared to a net loss of $3 million, or -$0.08 per share, in the same quarter last year. The wider loss was primarily due to a non-cash charge of $224 million related to goodwill impairment. Adjusted EPS came in at $0.06, missing analyst estimates.
"In the second quarter of 2025, TELUS Digital delivered incremental improvement in its performance, with revenue increasing on a sequential quarter and a year-over-year basis, driven primarily by our existing client base, including TELUS," said Jason Macdonnell, Acting Chief Executive Officer and Chief Operating Officer.
Revenue growth on a constant currency basis was 6% YoY, driven by services provided to existing clients, including Telus and certain social media clients. The company’s AI & Data Solutions service line continued to expand across several key clients within its Top 10 cohort.
Adjusted EBITDA was $94 million, compared with $130 million in the same quarter of the prior year, with Adjusted EBITDA Margin declining to 13.4% from 19.9% a year ago. The company maintained its full-year 2025 outlook, expecting revenue growth of approximately 2% on an organic basis.
"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 Gopi Chande, Chief Financial Officer.
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