StarTek

Startek, Inc. is a global business process outsourcing company that provides Omni channel customer interactions, technology and back-office support solutions. It operates under the Startek and Aegis brands, which helps the large global companies to connect emotionally with their customers, solve issues, and improve net promoter scores and other customer-facing performance metrics. The company offers multiple services, including sales, order management and provisioning, customer care, technical support, receivables management, and retention programs. It also manages programs using a variety of multi-channel customer interactions, including voice, chat, email, social media and back-office support. It operates through the following segments: Americas, Middle East, Malaysia, India and Srilanka, Argentina and Peru, and Rest of World. The company was founded by A. Emmet Stephenson and Michael W. Morgan in 1987 and is headquartered in Denver, CO.

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StarTek reports robust Q4 earnings, strengthens balance sheet for growth

StarTek's Q4 2022 earnings call highlighted strong financial performance, strategic decisions to strengthen the balance sheet, and positive recognition for leadership initiatives. While facing challenges in exiting certain ventures, the company is well-positioned to leverage opportunities in expanding geographies and high-value client segments.

StarTek reports solid Q1 results, eyes operational optimization for growth

StarTek's Q1 performance reflects revenue growth, margin improvement, and debt reduction, underpinned by strategic wins and operational enhancements.
While facing challenges in net income and market-specific operations, the company is poised to capitalize on opportunities for growth and efficiency.
By maintaining a focus on operational optimization, market expansion, and debt reduction, StarTek aims to drive sustainable value creation and financial performance.

StarTek reports resilient Q2 performance amidst revenue challenges and opportunities

StarTek's Q2 performance reflects resilience in financial metrics and strategic positioning despite revenue challenges, showcasing operational strength and financial stability.
The company's focus on client wins, innovation, and security underscores its commitment to excellence and long-term sustainability in a competitive market landscape.
While facing challenges in revenue growth and margin management, StarTek has opportunities to capitalize on strategic initiatives, shareholder value, and technology advancements for future growth.

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StarTek is a business process outsourcing company dedicated to service. For over 20 years, the company has been committed to serving the needs of its clients and their customers. StarTek helps its clients manage the customer experience across the customer life cycle, resulting in improved customer retention, increased revenue, and greater cost efficiencies. Its comprehensive suite of solutions includes sales, order management, and provisioning, customer care, technical support, receivables management, and retention programs.

DENVER , Oct. 17, 2023 /PRNewswire/ -- Startek® (NYSE: SRT), a global customer experience (CX) solutions provider, announced today it has been recognized as a Major Contender by leading global analyst firm Everest Group in the Customer Experience Management (CXM) in the Asia Pacific (APAC) – PEAK Matrix® Assessment 2023. This achievement underscores the company's steadfast dedication to delivering exceptional customer experiences and solidifies its role as a trusted partner in the CX industry.

Startek Secures Impressive Position in Everest Group's Customer Experience Management (CXM) Services PEAK Matrix® Assessment 2023 - APAC Region

LOS ANGELES, CA / ACCESSWIRE / October 16, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors in Startek, Inc. ("Startek" or "the Company") (NYSE:SRT) for potential breaches of fiduciary duty on the part of its directors and management. The investigation focuses on determining if the eBay board breached its fiduciary duties to shareholders.

SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Startek, Inc. and Encourages Investors with Losses In Excess of $100,000 to Contact the Firm

NEW YORK , Oct. 11, 2023 /PRNewswire/ -- Shareholder rights law firm Julie & Holleman LLP is investigating the proposed $174 million buyout of Startek, Inc. (NYSE: SRT) by its majority shareholder, Capital Square Partners (CSP). Julie & Holleman is concerned about the $4.30 per share price being offered as well as potential conflicts of interest.

SRT SPECIAL ALERT: Startek Shareholders Interested in Pursuing Potential Claims Should Contact Julie & Holleman Regarding CSP Buyout

DENVER , Oct. 10, 2023 /PRNewswire/ -- Startek, Inc. (NYSE: SRT) ("Startek" or the "Company"), a global customer experience (CX) solutions provider, today announced that it has entered into a definitive agreement to be acquired by funds managed by Capital Square Partners ("CSP") in an all-cash transaction with a total enterprise value of approximately $217 million and total equity value of approximately $174 million. Under the terms of the agreement, CSP will acquire all shares of Startek common stock not already owned by CSP for $4.30 per share in cash.

Startek Announces Agreement to be Acquired by Funds Managed by CSP Management Limited for $4.30 Per Share in Cash

DENVER , Oct. 3, 2023 /PRNewswire/ -- Startek® (NYSE: SRT), a global customer experience (CX) solutions provider, is proud to announce its recent accomplishments at the prestigious Stevie® Awards for Great Employers. Startek has been honored with the Silver Stevie® Award in the 'Best Leadership Development Program' and 'Achievement in Diversity and Inclusion' categories and the Bronze Stevie® Award in the 'Achievement in Managing a Remote Workforce' category.

Startek Shines at the Stevie Awards, Receiving Multiple Honors for Exceptional Employment Practices

SAN PEDRO SULA, Honduras--(BUSINESS WIRE)-- #AgentExperience--Startek® (NYSE: SRT), a global customer experience (CX) solutions provider, is thrilled to announce prestigious accolades from the Awards of Happiness®, RRHH Digital and Association of Culture and Employer Branding Leaders (ALCEB), underscoring the company's steadfast commitment to fostering excellence, diversity and inclusion at work. Startek is the first CX solution provider in Honduras to achieve a Diversity and Inclusion certification. Startek Hond.

Startek Honduras Celebrates Dual Workplace Engagement Achievements

MUMBAI, India--(BUSINESS WIRE)-- #AgentExperience--Startek® (NYSE: SRT), a global customer experience (CX) solutions provider, proudly unveils a series of accolades that underscore the organization's resolute commitment to cultivating a diverse, inclusive and empowering corporate ecosystem. As a global business with more than 19,700 associates based in India, Startek is committed to creating opportunity for its people. This mission is reflected in the many awards bestowed on the organization. Startek India has ac.

Startek® India Garners Multiple Accolades for Leadership and Inclusion

MANILA, Philippines--(BUSINESS WIRE)-- #AgentExperience--Startek® (NYSE: SRT), a global customer experience (CX) solutions provider, clinched victory by securing the HR Asia Best Companies to Work for in Asia 2023 – Philippines region award for the fourth consecutive year in addition to being recognized with the HR Asia Diversity, Equity & Inclusion Award 2023. The two prestigious awards underscore the company's commitment to fostering an exceptional work environment that promotes diversity and inclusion. In.

Startek Philippines Earns Prestigious Awards for Workplace Excellence and Diversity Initiatives

DENVER--(BUSINESS WIRE)--The board of directors of Startek, Inc. (NYSE: SRT) has formed a special committee of independent directors that is authorized to evaluate the non-binding proposal, dated July 18, 2023, by CSP Management Limited to acquire all the shares of Startek that it does not already own for $3.80 in cash per share. CSP is currently the beneficial owner of approximately 56% of the outstanding shares of Startek. CSP states in its non-binding proposal that it is not contemplating se.

Startek Forms Special Committee in Response to Preliminary Non-Binding Acquisition Proposal by CSP Management Limited

DENVER--(BUSINESS WIRE)-- #AgentExperience--Startek® (NYSE: SRT), a global customer experience (CX) solutions provider, proudly announces its success at this year's International Business Awards®. The prestigious Gold Stevie® Award was awarded to Startek for its exceptional contribution in Work Management Platform category. This achievement highlights the organization's commitment to leveraging the latest technology to drive innovation and excellence in customer service. Startek Agent AI is a modular platform int.

Startek Triumphs at the 2023 International Business Awards®: Secures Gold Stevie® for Startek Agent AI

Startek, Inc. (NYSE:SRT ) Q2 2023 Earnings Conference Call August 10, 2023 5:00 PM ET Company Participants Bharat Rao - Global Chief Executive Officer Neeraj Jain - Global Chief Financial Officer Conference Call Participants Alex Paris - Barrington Research Zach Cummins - B. Riley Security Operator Good afternoon, everyone, and thank you for participating in today's conference call to discuss the Startek Financial Results for the Second Quarter ended June 30, 2023.

Startek, Inc. (SRT) Q2 2023 Earnings Call Transcript

StarTek (SRT) came out with quarterly earnings of $0.04 per share, missing the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.13 per share a year ago.

StarTek (SRT) Lags Q2 Earnings Estimates

DENVER--(BUSINESS WIRE)--Startek, Inc. (NYSE:SRT) ("Startek" or the "Company"), a global customer experience (CX) solutions provider, is reporting financial results for the second quarter ended June 30, 2023. As a result of current and planned divestitures, the Company has classified Middle East and Argentina operations as 'Held for Sale and Discontinued Operations'. Accordingly net revenue, gross profit, gross margin, SG&A expenses and adjusted EBITDA are reported for the continuing operat.

Startek Reports Second Quarter 2023 Financial Results

DENVER--(BUSINESS WIRE)--Startek, Inc. (NYSE: SRT) ("Startek" or the "Company"), a global customer experience (CX) solutions provider, will hold a conference call on Thursday, August 10, 2023 at 5:00 p.m. ET to discuss its financial results for the second quarter ended June 30, 2023. The Company will report its results in a press release prior to the conference call. Startek management will host the call, followed by a question-and-answer period. Date: Thursday, August 10, 2023 Time: 5:00 p.m.

Startek Sets Second Quarter 2023 Conference Call for Thursday, August 10, 2023 at 5:00 p.m. ET

DENVER--(BUSINESS WIRE)-- #AgentExperience--Startek® (NYSE: SRT), a global customer experience (CX) solutions provider, proudly announces its recognition with three prestigious Comparably Awards for Best CEOs for Women, Best CEOs for Diversity and Best Career Growth. Startek Global CEO, Bharat Rao, has been honored for the second consecutive year, recognizing his unwavering commitment to diversity and inclusion practices within the company. These accolades underscore the ongoing Startek dedication to creating an.

Startek Wins 3 Comparably Awards: Best CEOs for Women, Best CEOs for Diversity and Best Career Growth

DENVER--(BUSINESS WIRE)-- #AgentExperience--Startek® (NYSE: SRT), a global customer experience (CX) solutions provider, was named a winner of a People's Choice Stevie® Award for Favorite New Products in the 21st Annual American Business Awards® today. Startek Agent AI was recognized in the Learning/Workforce Development Solution category. The People's Choice Stevie Awards for Favorite New Products are a feature of The American Business Awards in which the general public can vote for their favorite new products an.

Startek Wins the 2023 People's Choice Stevie® Award in 2023 American Business Awards®

StarTek (SRT) came out with quarterly earnings of $0.06 per share, missing the Zacks Consensus Estimate of $0.07 per share. This compares to loss of $0.03 per share a year ago.

StarTek (SRT) Lags Q1 Earnings Estimates

DENVER--(BUSINESS WIRE)--Startek, Inc. (NYSE:SRT) ("Startek" or the "Company"), a global customer experience (CX) solutions provider, is reporting financial results for the first quarter ended March 31, 2023. As a result of current and planned divestitures, the Company has classified Middle East and Argentina operations as 'Held for Sale and Discontinued Operations'. Accordingly net revenue, gross profit, gross margin, SG&A expenses and adjusted EBITDA are reported for the continuing operations and net income, EPS, adjusted net income/(loss) and adjusted EPS are reported after consolidating continuing and discontinued operations.

Startek Reports First Quarter 2023 Financial Results

DENVER--(BUSINESS WIRE)--Startek Sets First Quarter 2023 Conference Call for Thursday, May 11, 2023 at 5:00 p.m. ET.

Startek Sets First Quarter 2023 Conference Call for Thursday, May 11, 2023 at 5:00 p.m. ET

DENVER--(BUSINESS WIRE)-- #AgentExperience--Startek® (NYSE: SRT), a global customer experience (CX) solutions provider, has been honored with a Silver Stevie® Award in the 21st Annual American Business Awards®. The Startek Agent AI solution was recognized in the Corporate Learning/Workforce Development Solution category. Startek Agent AI is a modular platform designed to deliver measurable benefits for both agents and customers. Made up of three connected solutions, Startek AI Coach, Startek Gamification and Star.

Startek Wins Silver Stevie® Award in the 2023 American Business Awards®

StarTek (SRT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

StarTek (SRT) Earnings Expected to Grow: Should You Buy?

DENVER--(BUSINESS WIRE)-- #Aegis--Startek® (NYSE: SRT), a global customer experience (CX) solutions provider, today announced the launch of a new visual identity to better reflect the company's commitment to combining the latest technology and data-driven insights with its associates' expertise to deliver memorable and personalized experiences for customers.

Startek Unveils New Brand Identity Built on the Power of Connection

DENVER--(BUSINESS WIRE)-- #AgentExperience--Startek® (NYSE: SRT), a global customer experience (CX) solutions provider, has been recognized as the Outsource Partner of the Year at the 2023 Excellence in Customer Service Award presented by Business Intelligence Group. The awards program is organized annually by the Business Intelligence Group to recognize companies, executives and products that provide exceptional customer service and enhance communication with customers.

Startek Named Outsource Partner of the Year at 2023 Excellence in Customer Service Awards

DENVER--(BUSINESS WIRE)--Startek® (NYSE: SRT), a global customer experience (CX) solutions provider, announced today that the Company has won the Bronze Stevie® Award in the 2023 Asia-Pacific Stevie Awards. The Company was recognized in the Customer Service Award category for its exceptional work in helping clients navigate and overcome challenging customer experience scenarios. "We are thrilled to be recognized in the Asia-Pacific Stevie Awards," said Bharat Rao, Global CEO, Startek.

Startek Wins Bronze Stevie® Award in 2023 Asia-Pacific Stevie Awards

DENVER--(BUSINESS WIRE)-- #AgentExperience--Startek® (NYSE: SRT), a global customer experience (CX) solutions provider, announced today that the company has been recognized by Comparably for its exceptional company culture and human resources team. Out of tens of thousands of companies rated on Comparably over the past 12 months, Startek has been recognized as one of the best in the Best Global Culture and Best HR Teams categories.

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