ICT GROUP INC
			Symbol			ICTG

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ICT GROUP Reports Third Quarter 2009 Results

2009-10-29 06:30 ET - News Release

~ Posts Solid Increases in Core Business Revenue and Core Production Volume ~

~ Significant Gain in Operating Margin and Earnings ~

~ Strong Free Cash Flow of $8.9 Million ~

Company Website: http://www.ictgroup.com
NEWTOWN, Pa. -- (Business Wire)

ICT GROUP, INC. (NASDAQ:ICTG) today reported results for the third quarter ended September 30, 2009.

Third Quarter 2009 Financial Performance:

Total revenue for the 2009 third quarter was $102.6 million, compared to $108.3 million reported for last year’s third quarter. Core business revenue comprised primarily of North American customer care, BPO, technology and international operations, increased almost 6% to $99.6 million during the third quarter, and accounted for 97% of total revenue. For the 2008 third quarter, core business revenue was $94.0 million and represented 87% of total revenue. On a constant currency basis (using the same foreign exchange rates in both periods), core business revenue was up 9% year-over-year and 4% sequentially. Core business production volume was 4.7 million hours, up 9% year-over-year and 2% sequentially.

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