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

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

STARTEK Reports Second Quarter 2018 Results

August 7, 2018 4:16 PM EDT

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)-- Startek, Inc. (NYSE: SRT), a global provider of business process outsourcing services, is reporting financial results for the second quarter ended June 30, 2018, and providing an update on its recently completed strategic combination with Aegis.

Startek Second Quarter 2018 Summary (vs. year-ago quarter)

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.... More