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Stock impact report

Kirby McInerney LLP Urges Investors in TELUS International (Cda) Inc. (TIXT) to Inquire About Their Rights in Class Action Lawsuit

TELUS International (Cda) Inc. Subordinate Voting Shares (TIXT) 
Company Research Source: GlobeNewswire
NEW YORK, March 18, 2025 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP reminds investors of the March 31, 2025 deadline to apply for the role of lead plaintiff in a class action lawsuit filed in the U.S. District Court for the Southern District of New York on behalf of those who acquired TELUS International (Cda) Inc. (“TELUS” or the “Company”) (NYSE:TIXT) securities during the period from February 16, 2024, through August 1, 2024 (“the Class Period”). [LEARN MORE ABOUT THE CLASS ACTION] On May 9, 2024, before the market opened, TELUS released its Q1 2024 financial results. The release revealed that TELUS was experiencing declining revenue, including a $29 million decrease in revenue year-over-year. On the same day, in the associated earnings call, CEO Gopi Chande was asked by an analyst to clarify “what margin should look like on a go-forward basis” as margins “were down year-over-year and were below the full year guidance.” Chande answered that the margins generated by Show less Read more
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