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.

Earnings data Q1 2020

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Earnings data Q1 2024

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 ) Q2 2022 Earnings Conference Call August 8, 2022 5:00 PM ET Company Participants Bharat Rao – Global Chief Executive Officer Nishit Shah – Global Chief Financial Office Ronald Gillette – Strategic Advisor and Head of Business Transformation Conference Call Participants Ethan Widell – B. Riley Operator Good afternoon, everyone, and thank you for participating in today's conference call to discuss Startek's financial results for the Second Quarter ended June 30, 2022.

StarTek, Inc. (SRT) CEO Bharat Rao on Q2 2022 Results - Earnings Call Transcript

StarTek (SRT) delivered earnings and revenue surprises of 85.71% and 4.55%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

StarTek (SRT) Beats Q2 Earnings and Revenue Estimates

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

Startek Reports Second Quarter 2022 Financial Results

DENVER--(BUSINESS WIRE)--Startek Sets Second Quarter 2022 Conference Call for Monday, August 8, 2022 at 5 p.m. ET

Startek Sets Second Quarter 2022 Conference Call for Monday, August 8, 2022 at 5 p.m. ET

DENVER--(BUSINESS WIRE)--Startek® Expands Product Platform to Enhance Employee Experience for Stronger Customer Engagement

Startek® Expands Product Platform to Enhance Employee Experience for Stronger Customer Engagement

Outstanding offer to purchase Startek for $5.40 or 86% premium to current prices. Offer is at a 5.4 EV/EBITDA which is low compared to industry average between 6.5-8.5. Near-term catalyst given acquiring company set to announce if they have financing before the end of August.

Startek: Near-Term Catalyst Could Finalize Take-Private Deal At $5.40

DENVER--(BUSINESS WIRE)--Startek® Named Winner of Comparably Award for Best CEOs For Diversity

Startek® Named Winner of Comparably Award for Best CEOs For Diversity

DENVER--(BUSINESS WIRE)--Startek® Partners with Genesys® for Advanced Experience Orchestration Capabilities

Startek® Partners with Genesys® for Advanced Experience Orchestration Capabilities

Startek, Inc. (NYSE:SRT ) Q1 2022 Earnings Conference Call May 9, 2022 5:00 PM ET Company Participants Bharat Rao - Chief Executive Officer Nishit Shah - Chief Financial Officer Ronald Gillette - Strategic Advisor and Head of Business Transformation Conference Call Participants Christopher Howe - Barrington Research Associates, Inc. Operator Good afternoon, everyone, and thank you for participating in today's conference call to discuss Startek's Financial Results for the First Quarter Ended March 31, 2022. Joining us today are Startek's Global CEO, Bharat Rao; the Company's Global CFO, Nishit Shah; and the Company's Head of Business Transformation, Ronald Gillette.

Startek, Inc. (SRT) CEO Bharat Rao on Q1 2022 Results - Earnings Call Transcript

StarTek (SRT) delivered earnings and revenue surprises of -160% and 0.64%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

StarTek (SRT) Reports Q1 Loss, Misses Revenue Estimates

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

Startek Reports First Quarter 2022 Financial Results

DENVER--(BUSINESS WIRE)--Startek® Wins Bronze Stevie at 2022 American Business Awards® for its Innovative Cloud Platform

Startek® Wins Bronze Stevie at 2022 American Business Awards® for its Innovative Cloud Platform

DENVER--(BUSINESS WIRE)--Startek Sets First Quarter 2022 Conference Call for Monday, May 9, 2022 at 5 p.m. ET

Startek Sets First Quarter 2022 Conference Call for Monday, May 9, 2022 at 5 p.m. ET

DENVER--(BUSINESS WIRE)--Startek® Partners with AI-Powered Noise Cancellation Solutions Leader Krisp to Enhance Agent and Customer Experience

Startek® Partners with AI-Powered Noise Cancellation Solutions Leader Krisp to Enhance Agent and Customer Experience

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--Startek® India is Great Place to Work-Certified™ for the Second Consecutive Year

Startek® India Is Great Place to Work-Certified™ for the Second Consecutive Year

StarTek Inc's (SRT) Global CEO Bharat Rao on Q4 2021 Results - Earnings Call Transcript

StarTek (SRT) delivered earnings and revenue surprises of 166.67% and 0.44%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

StarTek (SRT) Tops Q4 Earnings Estimates

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--Startek Reports Fourth Quarter and Full Year 2021 Financial Results

Startek Reports Fourth Quarter and Full Year 2021 Financial Results

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--Startek Sets Fourth Quarter and Full Year 2021 Conference Call for Thursday, March 10, 2022 at 5:00 p.m. ET

Startek Sets Fourth Quarter and Full Year 2021 Conference Call for Thursday, March 10, 2022 at 5:00 p.m. ET

GREENWOOD VILLAGE, Colo. & MUMBAI, India--(BUSINESS WIRE)--Startek® Appoints Global CFO and Global CIO

Startek® Appoints Global CFO and Global CIO

GREENWOOD VILLAGE, Colo. & MUMBAI, India--(BUSINESS WIRE)--Startek® Strengthens Leadership Team, Continuing Investment in Business-Wide Transformation

Startek® Strengthens Leadership Team, Continuing Investment in Business-Wide Transformation

SAN ANTONIO & GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--Frost & Sullivan Recognizes Startek® with Americas New Product Innovation Award

Frost & Sullivan Recognizes Startek® with Americas New Product Innovation Award

GREENWOOD VILLAGE, Colo. & KUALA LUMPUR, Malaysia--(BUSINESS WIRE)--Startek Cloud and Digital Innovation Honored at the International Innovation Awards 2021

Startek Cloud and Digital Innovation Honored at the International Innovation Awards 2021

New York, New York--(Newsfile Corp. - January 5, 2022) - Wolf Popper LLP is investigating claims on behalf of investors in StarTek, Inc. (NYSE: SRT) concerning the proposed acquisition of StarTek by CSP Management Limited, which owns approximately 55.3% of the issued and outstanding StarTek common shares. Under the terms of the proposed acquisition, StarTek shareholders would receive $5.40 for each share of common stock they hold, which is below StarTek's 52-week average and high...

Wolf Popper LLP Investigates the Proposed Acquisition of StarTek, Inc. by CSP Management Limited

GREENWOOD VILLAGE, Colo. & MUMBAI, India--(BUSINESS WIRE)--Startek Strengthens Leadership Team with New Executive Appointments

News for StarTek Stock (SRT)