Core Viewpoint - Rosen Law Firm has filed a class action lawsuit on behalf of purchasers of TELUS International (Cda) Inc. securities, alleging that the company misled investors regarding its AI Data Solutions and profitability during the Class Period from February 16, 2023, to August 1, 2024 [1][5]. Group 1: Lawsuit Details - The class action lawsuit claims that TELUS International failed to disclose that its AI Data Solutions required the cannibalization of higher-margin offerings [5]. - It is alleged that the company's declining profitability was linked to its efforts to develop AI capabilities, which put greater pressure on margins than previously disclosed [5]. - The lawsuit asserts that positive statements made by the defendants about TELUS International's business and prospects were materially misleading [5]. Group 2: Participation Information - Investors who purchased TELUS securities during the Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - To join the class action, interested parties can visit the provided link or contact the law firm directly [3][6]. - A lead plaintiff must move the Court by March 31, 2025, to represent other class members in the litigation [1][3]. Group 3: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [4].

Core Viewpoint - A class action lawsuit has been filed against TELUS International (Cda) Inc. for alleged violations of federal securities laws during the specified class period [1][2]. Group 1: Class Definition - The lawsuit seeks to recover damages for all individuals and entities that purchased TELUS securities between February 16, 2023, and August 1, 2024 [2]. Group 2: Case Details - The Complaint alleges that the Defendants made materially false and misleading statements and failed to disclose adverse facts about the Company's business and operations [3]. - Specific allegations include: 1. The AI Data Solutions offerings required the cannibalization of higher-margin offerings [3]. 2. Declining profitability was linked to the development of AI capabilities [3]. 3. The shift toward AI increased pressure on margins more than previously disclosed [3]. 4. Positive statements about the Company's business were materially misleading and lacked a reasonable basis [3]. Group 3: Next Steps - Investors who suffered losses in TELUS have until March 31, 2025, to request appointment as lead plaintiff [4].

NEW YORK, Jan. 31, 2025 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of all persons or entities who purchased or otherwise acquired TELUS International (Cda) Inc. (“TELUS” or the “Company”) (NYSE: TIXT) securities between February 16, 2023 and August 1, 2024, inclusive (the “Class Period”). The Complaint alleges that throughout the Class Period, Defendants made ...

ATLANTA, Jan. 31, 2025 (GLOBE NEWSWIRE) -- A securities class action lawsuit has been filed against TELUS International (Cda) Inc. (“TELUS International” or the “Company”) (NYSE: TIXT). The lawsuit alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose adverse facts about the Company’s business, operations, and prospects, including allegations that (1) the Company’s AI Data Solutions offerings required the cannibalization of its ...

Telus International (TIXT) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of $0.02 per share. This compares to earnings of $0.21 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 150%. A quarter ago, it was expected that this digital services provider would post earnings of $0.19 per share when it actually produced earnings of $0.16, delivering a surprise of -15.79%.Over the last four q ...

Exhibit 99.1 TELUS INTERNATIONAL (CDA) INC. CONDENSED INTERIM CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED) September 30, 2024 TELUS International (Cda) Inc. Condensed Interim Consolidated Statements of Income (Loss) and Other Comprehensive Income (Loss) (unaudited) | | | | | Three months | | | | Nine months | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Periods ended September 30 (millions except earnings | | | | | | | | | | | per share) | Note | | 2024 | | 2023 | | 2024 | | 2023 | | R ...

Investors interested in Technology Services stocks are likely familiar with Telus International (TIXT) and Braze, Inc. (BRZE) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The proven Zacks Rank emphasizes companies wi ...

Investors interested in stocks from the Technology Services sector have probably already heard of Telus International (TIXT) and Futu Holdings Limited Sponsored ADR (FUTU) . But which of these two companies is the best option for those looking for undervalued stocks? Let's take a closer look. There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The p ...

TELUS International (Cda) Inc. (NYSE:TIXT) Q2 2024 Earnings Conference Call August 2, 2024 10:30 AM ET Company Participants Olena Lobach - IR Darren Entwistle - Chair of the TELUS Digital Board of Directors Jeff Puritt - President and CEO Gopi Chande - CFO Jason Macdonnell - Senior Vice President of Customer Service Excellence at TELUS Tobias Dengel - President of WillowTree Conference Call Participants Ramsey El-Assal - Barclays Dan Perlin - RBC Capital Markets Tien-tsin Huang - JP Morgan Stephanie Price ...

Telus International (TIXT) came out with quarterly earnings of $0.16 per share, missing the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.17 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -15.79%. A quarter ago, it was expected that this digital services provider would post earnings of $0.21 per share when it actually produced earnings of $0.22, delivering a surprise of 4.76%. Over the last fou ...