Convergys Corporation (NYSE:CVG) intends to sell off Atrium I, its downtown Cincinnati headquarters. Krista Boyle, spokeswoman for Convergys, said that due diligence is underway. However, she denied revealing the potential buyer or the purchase price. "There is no plan to change our footprint in the building," she said.

Convergys Corporation announced unaudited consolidated financial results for the first quarter ended March 31, 2013. For the quarter, the company reported total revenues of $493.5 million against $497.5 million a year ago. Operating income was $36.5 million against $29.0 million a year ago. Income before income taxes and discontinued operations was $35.9 million against $26.8 million a year ago. Income from continuing operations, net of tax was $30.2 million or $0.27 per diluted share against $21.4 million or $0.18 per diluted share a year ago. Net income was $25.1 million or $0.23 per diluted share against $26.1 million or $0.22 per diluted share a year ago. Adjusted income before income taxes and discontinued operations (a non-GAAP measure) was $35.9 million against $32.8 million a year ago. Adjusted net income from continuing operations (a non-GAAP measure) was $30.2 million against $26.2 million a year ago. Adjusted diluted EPS from continuing operations (a non-GAAP measure) was $0.27 against $0.22 a year ago. Adjusted EBITDA (a non-GAAP measure) was $60.9 million against $58.6 million a year ago. Net cash provided by operating activities was $22.7 million against $11.9 million a year ago. Capital expenditures, net was $12.1 million against $20.0 a year ago. The revised 2013 guidance includes adjusted EPS growth to exceed 15%. The company expects revenue growth and profit improvement for the full year 2013 compared with 2012 adjusted results. Updated expectations including the impact of shares repurchased through April and the expected contribution from the acquisition of the Southeast Asia contact centers are: revenue to exceed $2,055 million, revised from prior guidance to exceed $2,045 million; adjusted EBITDA to exceed $248 million, improved from prior guidance to exceed $245 million; adjusted EPS to exceed $1.05, improving from prior guidance to exceed $1.00. The company continues to expect full year effective tax rate to be approximately 22%. The company paid its quarterly dividend of $0.06 per share in April to holders of record at the close of business on March 22, 2013. The next dividend payment is scheduled to be made on July 5, 2013, to shareholders of record at the close of business on June 21, 2013.

Convergys Corporation announced that effective, May 1, 2013, Jeffrey H. Fox, Executive Chairman will become the non-executive Chairman of the Board. Ronald L. Nelson will become lead independent director.