CONVERGYS: Convergys Reports Second Quarter Results, Delivers 14 Percent Increase in EPS, Updates...

Cincinnati -- Convergys Corporation (NYSE: CVG), a global leader in Relationship Management, today announced its financial results for the second quarter of 2008. Second Quarter Summary === Consolidated revenues of $689.5 million; operating income of $47.4 million === Net income of $40.5 million, or $0.32 per diluted share, compared to $38.8 million and $0.28, respectively, in the prior year === Customer Management revenues of $469.0 million; operating income of $19.4 million === Continued strong execution resulted in higher operating margins of 23 percent in Information Management === HR Management reduced operating loss to $4.2 million === Strong cellular partnerships equity earnings of $11.3 million "Convergys was able to grow earnings per share in the second quarter in the face of a challenging economic environment. While... [read full story]