STARTEK Reports Second Quarter 2018 Results

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Go back to STARTEK Reports Second Quarter 2018 Results

StarTek (SRT) Misses Q2 EPS by 22c, Revenues Miss

August 7, 2018 4:56 PM EDT

StarTek (NYSE: SRT) reported Q2 EPS of ($0.23), $0.22 worse than the analyst estimate of ($0.01). Revenue for the quarter came in at $59.7 million versus the consensus estimate of $68.78 million.

Total revenue was $59.7 million compared to $74.0 million.Gross profit was $5.2 million compared to $9.0 million, with gross margin of 8.8% compared to 12.1%.Net loss was $3.7 million or $(0.23) per share, compared to net income of $0.6 million or $0.03 per share.Adjusted EBITDA* was $0.7 million compared to $4.4 million.

The combination of STARTEK and Aegis has created a truly global platform with more than 50,000 employees operating in 13... More