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.

Startek, Inc. (NYSE:SRT ) Q4 2022 Earnings Conference Call March 27, 2023 5:00 PM ET Company Participants Bharat Rao - Global Chief Executive Officer Nishit Shah - Global Chief Financial Officer Conference Call Participants Operator Good day everyone, and thank you for participating in today's conference call to discuss the Startek Financial Results for the Fourth Quarter and Full Year Ended December 31, 2022. Joining us today are Startek Global CEO, Bharat Rao; and the company's Global CFO, Nishit Shah.

Startek, Inc. (SRT) Q4 2022 Earnings Call Transcript

StarTek (SRT) delivered earnings and revenue surprises of 158.33% and 45.28%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

StarTek (SRT) Q4 Earnings Surpass Estimates

DENVER--(BUSINESS WIRE)--Startek Reports Fourth Quarter and Full Year 2022 Financial Results

Startek Reports Fourth Quarter and Full Year 2022 Financial Results

DENVER--(BUSINESS WIRE)--Startek Sets Fourth Quarter and Full Year 2022 Conference Call for Monday, March 27, 2023 at 5:00 p.m.

Startek Sets Fourth Quarter and Full Year 2022 Conference Call for Monday, March 27, 2023 at 5:00 p.m. ET

DENVER--(BUSINESS WIRE)-- #AgentExperience--Startek® (NYSE: SRT), a global customer experience (CX) solutions provider, has been presented with a Silver Stevie ® Award in the Contact Center of the Year category and a Bronze Stevie® Award in the Best Use of Technology in Customer Service category in the 17th Annual Stevie Awards for Sales & Customer Service.

Startek Wins Silver and Bronze Stevie® Awards in 2023 Stevie Awards for Sales & Customer Service

DENVER--(BUSINESS WIRE)--Startek® (NYSE: SRT), a global customer experience (CX) solutions provider, today announced that it has partnered with Curio Digital Therapeutics to offer postpartum mental health support for its U.S.-based associates as part of its ongoing initiatives designed to promote diversity, equity and inclusion. While pregnancy is an exciting time in a woman's life, CDC data reveals that postpartum depression affects as many as 1 in 8 mothers in the U.S.

Startek Offers Mental Health Support App to New Mothers as Part of Diversity, Equity and Inclusion Initiatives

DENVER--(BUSINESS WIRE)--Startek ® (NYSE: SRT), a global customer experience (CX) solutions provider, today announced that it has been named on The Global Outsourcing 100® list by the International Association of Outsourcing Professionals® (IAOP®). This is the third year Startek has earned IAOP® recognition as one of the world's top outsourcers. “We are incredibly proud to have been named as one of the world's best outsourcing service providers by IAOP,” said Bharat Rao, Global CEO, Startek.

Startek Named on IAOP® Global Outsourcing 100 List

DENVER--( BUSINESS WIRE )--Startek ® (NYSE: SRT), a global customer experience (CX) solutions provider, today announced that it has been recognized as one of the Best Companies for Diversity by Comparably, a leading workplace culture site and corporate brand reputation platform.

Startek Recognized as One of the Best Companies for Diversity by Comparably

DENVER--( BUSINESS WIRE )--Startek, Inc. (NYSE: SRT) (“Startek” or the “Company”), a global customer experience (CX) solutions provider, today announced that ESM Holdings Limited, an indirect wholly-owned subsidiary of the Company, has entered into a definitive share purchase agreement with Arabian Internet and Communications Services Company (Solutions) to divest its stake in Contact Center Company (CCC) to Solutions. The agreement is subject to customary closing conditions, third-party consents and regulatory approvals, including consents required under the Startek secured revolving credit facility and senior term loan facility agreement.

Startek® Enters Into Definitive Agreement to Sell Interest in Contact Center Company

Startek, Inc. (NYSE:SRT ) Q3 2022 Results Conference Call November 9, 2022 5:00 PM ET Company Participants Bharat Rao - Global CEO Nishit Shah - Global CFO Ronald Gillette - Head, Business Transformation Conference Call Participants Zach Cummins - B. Riley Securities Operator Good afternoon, everyone, and thank you for participating in today's conference call to discuss Startek financial results for the third quarter ending September 30, 2022.

Startek, Inc. (SRT) Q3 2022 Earnings Call Transcript

DENVER--(BUSINESS WIRE)--Startek® Accepts Final Offer to Acquire Interest in Contact Center Company

Startek® Accepts Final Offer to Acquire Interest in Contact Center Company

StarTek (SRT) delivered earnings and revenue surprises of -9.09% and 5.71%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

StarTek (SRT) Q3 Earnings and Revenues Miss Estimates

DENVER--(BUSINESS WIRE)--Startek Reports Third Quarter 2022 Financial Results

Startek Reports Third Quarter 2022 Financial Results

DENVER--(BUSINESS WIRE)--Startek Sets Third Quarter 2022 Conference Call for Wednesday, November 9, 2022 at 5 p.m.

Startek Sets Third Quarter 2022 Conference Call for Wednesday, November 9, 2022 at 5 p.m. ET

DENVER--(BUSINESS WIRE)-- #AI--Startek Named Leader in Global ISG Provider Lens™ Quadrant Report on Contact Center – Customer Experience Services 2022

Startek® Named Leader in Global ISG Provider Lens™ Quadrant Report on Contact Center – Customer Experience Services 2022

DENVER--(BUSINESS WIRE)-- #AI--Startek Named Leader in U.S. ISG Provider Lens™ Quadrant Report on Contact Center – Customer Experience Services 2022

Startek® Named Leader in U.S. ISG Provider Lens™ Quadrant Report on Contact Center – Customer Experience Services 2022

Avaya Holdings

DENVER--(BUSINESS WIRE)-- #AI--Startek recognized with Best Customer Experience award in the Managed Digital Transformation Providers Category at the Future Enterprise Awards 2022.

Startek® Recognized as Leading Digital Transformation Solutions Provider at Future Enterprise Awards 2022

DENVER--(BUSINESS WIRE)-- #AI--Startek Wins India's Best Workplaces in Diversity, Equity & Inclusion™-Top 5 Award by Great Place to Work Institute for the Second Consecutive Year

Startek® Wins India's Best Workplaces in Diversity, Equity & Inclusion™-Top 5 Award by Great Place to Work® Institute for the Second Consecutive Year

DENVER--(BUSINESS WIRE)-- #AI--Startek realizes benefits of investment in People, Process and Infrastructure as these investments create a springboard for sustained growth

Startek® Realizes Benefits of Investment in People, Process and Infrastructure

DENVER--(BUSINESS WIRE)-- #AI--Startek has been recognized by Everest Group amongst 14 providers with the capabilities necessary to effectively support global CX delivery.

Startek® Global Capabilities Recognized by Everest Group

StarTek (SRT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

All You Need to Know About StarTek (SRT) Rating Upgrade to Strong Buy

DENVER--(BUSINESS WIRE)--Special Committee of Startek Updates Stockholders on Status of Preliminary Non-Binding Proposal by CSP

Special Committee of Startek Updates Stockholders on Status of Preliminary Non-Binding Proposal by CSP

SRT and OROVY made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on August 26, 2022.

Best Momentum Stocks to Buy for August 26th

StarTek (SRT) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Fast-paced Momentum Stock StarTek (SRT) Is Still Trading at a Bargain

DENVER--(BUSINESS WIRE)--Startek® Wins Silver and Bronze Stevie® Awards in 2022 Stevie Awards for Great Employers

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