Startek Reports Quarterly Financial Results
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StarTek (SRT) Misses Q1 EPS by 4c, Revenues Beat
May 8, 2019 4:28 PM EDTStarTek (NYSE: SRT) reported Q1 EPS of ($0.09), $0.04 worse than the analyst estimate of ($0.05). Revenue for the quarter came in at $161.1 million versus the consensus estimate of $153.8 million.
Total revenue for the quarter increased 2% to $161.1 million compared to $158.6 million in the quarter ended December 31, 2018, and was up 40% compared to $115.1 million in the quarter ended March 31, 2018.
Gross profit for the quarter increased 9% to $27.2 million compared to $25.1 million in the quarter ended December 31, 2018, and was up 29% compared to $21.2 million in the quarter ended March 31, 2018.
Gross margin was 16.9% during the quarter compared to 15.8% in the quarter ended... More
