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

Earnings data Q2 2020

Earnings data Q3 2020

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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 (SRT) delivered earnings and revenue surprises of -100.00% and 6.46%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

StarTek (SRT) Reports Break-Even Earnings for Q3

StarTek, Inc.'s (SRT) CEO Aparup Sengupta on Q3 2021 Results - Earnings Call Transcript

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--Startek Reports Third Quarter 2021 Financial Results

Startek Reports Third Quarter 2021 Financial Results

StarTek (SRT) possesses 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) Reports Next Week: Wall Street Expects Earnings Growth

GREENWOOD VILLAGE, Colo. & MUMBAI, India--(BUSINESS WIRE)--Startek Wins Frost & Sullivan's 2021 India Market Leadership Award

Startek Wins Frost & Sullivan's 2021 India Market Leadership Award

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--Startek Sets Third Quarter 2021 Conference Call for Tuesday, November 2, 2021 at 5:00 p.m. ET

Startek Sets Third Quarter 2021 Conference Call for Tuesday, November 2, 2021 at 5:00 p.m. ET

GREENWOOD VILLAGE, Colo. & MUMBAI, India--(BUSINESS WIRE)--Startek (NYSE: SRT), a global provider of customer experience management solutions, announced today the appointment of two executive leaders in a strategic move to enhance its leadership team to best support the company's continued growth and execution of its strategic priorities. Bharat Rao has been named President of Startek. Mr. Rao will focus on transforming Startek into a more customer-centric organization that leverages emerging t

Startek Announces New Executive Appointments

StarTek (SRT) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

StarTek (SRT) Moves 13.4% Higher: Will This Strength Last?

GREENWOOD VILLAGE, Colo. & MANILA, Philippines--(BUSINESS WIRE)--Startek (NYSE: SRT) (the “Company”), a global provider of customer experience management solutions, announced that it is hiring up to 300 customer experience (CX) specialists to support its growing business in its Makati City campus, in the Philippines. These positions would include customer experience specialists, which will follow a hybrid approach of work from our campus and some joining the work-from-home pool. This personnel

Startek to Hire 300 CX Specialists in its Makati, Philippines Campus

GREENWOOD VILLAGE, Colo. & MUMBAI, India--(BUSINESS WIRE)--Startek (NYSE: SRT), a global provider of customer experience management solutions, has been recognized by IAOP®, the International Association of Global Outsourcing Professionals, for Excellence in Strategic Partnerships. This recognition is being presented to Startek for its successful deployment of digitally enabled customer engagement strategies for a leading automotive company, which resulted in a lower cost to serve, increased sav

Startek's Digital-First CX Engagement Recognized by IAOP for Excellence in Strategic Partnerships

GREENWOOD VILLAGE, CO / ACCESSWIRE / August 31, 2021 / Startek, Inc. (NYSE:SRT) ("Startek" or the "Company"), a global provider of customer experience management solutions, will present at the 10th Annual Gateway Conference, held virtually Sept. 8-9, 2021.

Startek to Present at the 10th Annual Gateway Conference on September 9, 2021

StarTek, Inc. (SRT) CEO Aparup Sengupta on Q2 2021 Results - Earnings Call Transcript

Shares of StarTek (NYSE:SRT) rose in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share rose 442.86% year over year to $0.24, which beat the estimate of $0.04.

Recap: StarTek Q2 Earnings

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--Startek, Inc. (NYSE:SRT) ("Startek" or the "Company"), a global provider of customer experience management solutions, is reporting financial results for the second quarter ended June 30, 2021. Second Quarter 2021 Financial Highlights ($ in millions, excl. margin items)   Q2 2021 Q2 2020 Change Net Revenue $189.0 $142.2 33% Gross Profit $24.6 $15.8 55% Gross Margin 13.0% 11.1% +190 bps SG&A Expenses $12.3 $14.6 (16%) Net Income/(Loss)[1] $6.9 $(5.2)

Startek Reports Strong Second Quarter 2021 Financial Results

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--Startek, Inc. (NYSE: SRT), a global provider of customer experience management solutions, will hold a conference call on Monday, August 9, 2021 at 5:00 p.m. Eastern time to discuss its financial results for the second quarter ended June 30, 2021. 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: Monday, August 9, 2021 Time: 5:00 p.m

Startek Sets Second Quarter 2021 Conference Call for Monday, August 9, 2021 at 5:00 p.m. ET

StarTek, Inc. (NYSE: SRT) announced a strategic collaboration with Automation Anywhere to strengthen its Robotic Process Automation capabilities. Together they will implement AI-powered RPA capabilities across customer experience (CX) value chain as per demand from its partners.

StarTek Partners With Automation Anywhere To Strengthen Robotic Process Automation

GREENWOOD VILLAGE, Colo. & MUMBAI, India--(BUSINESS WIRE)--Startek Announces Collaboration with Automation Anywhere to Strengthen its Robotic Process Automation Capabilities

Startek Announces Collaboration with Automation Anywhere to Strengthen its Robotic Process Automation Capabilities

GREENWOOD VILLAGE, Colo. & MUMBAI, India--(BUSINESS WIRE)--Startek (NYSE: SRT), a global provider of customer experience management solutions, has been awarded a Silver Stevie® Award in the “Excellence in Innovation in Technology Industries” category in the Eighth Annual Asia-Pacific Awards. This recognition is being presented to Startek for the successful implementation of a highly secure, digitally compliant, agile, and flexible campus on a cloud model – Startek Cloud. The Asia-Pacific Stevie

Startek Wins Stevie® Award for Its Innovation in Digital and Cloud Platform

StarTek, Inc. (SRT) CEO Aparup Sengupta on Q1 2021 Results - Earnings Call Transcript

StarTek (SRT) delivered earnings and revenue surprises of -133.33% and -0.65%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

StarTek (SRT) Reports Q1 Loss, Lags Revenue Estimates

Shares of StarTek (NYSE:SRT) were flat in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share rose 300.00% over the past year to $0.04, which missed the estimate of $0.09.

Recap: StarTek Q1 Earnings

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--Startek, Inc. (NYSE:SRT) ("Startek" or the "Company"), a global provider of customer experience management solutions, is reporting financial results for the first quarter ended March 31, 2021. First Quarter 2021 Financial Highlights ($ in millions, excl. margin items)   Q1 2021 Q4 2020 Q1 2020 Net Revenue $163.1 $174.5 $160.9 Gross Profit $24.7 $30.9 $20.1 Gross Margin 15.1% 17.7% 12.5% SG&A Expenses $14.2 $15.3 $17.3 Net Income/(Loss)[1] $(12.2) $

Startek Reports First Quarter 2021 Financial Results

StarTek (NYSE:SRT) announces its next round of earnings this Monday, May 10. Here is Benzinga's everything-that-matters guide for this Monday's Q1 earnings announcement.

Earnings Outlook For StarTek

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--Startek, Inc. (NYSE: SRT), a global provider of customer experience management solutions, will hold a conference call on Monday, May 10, 2021 at 5:00 p.m. Eastern time to discuss its financial results for the first quarter ended March 31, 2021. 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: Monday, May 10, 2021 Time: 5:00 p.m. Ea

Startek Sets First Quarter 2021 Conference Call for Monday, May 10, 2021 at 5:00 p.m. ET

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--Startek (NYSE: SRT), a global provider of customer experience management solutions, has helped speed up the vaccine distribution process by offering its safe and secure BPO campus office as a vaccination clinic in the U.S. The company provided its BPO campus in Farmington, MO, as a vaccination clinic on April 10, 2021. It had partnered with the Saint Francois County Health Department and the Missouri National Guard to provide equitable and easy access

News for StarTek Stock (SRT)