StarTek (SRT) Tops Q2 EPS by 13c, Revenues Beat

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Startek Reports Record Fourth Quarter 2019 Financial Results

March 12, 2020 4:05 PM EDT

- Q4 Revenue up 8% to $171.6 Million, with a 48% Increase in Adjusted EBITDA* to $16.8 Million -

GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)-- Startek, Inc. (NYSE: SRT), a global provider of customer experience management solutions, is reporting financial results for the quarter and full year ended December 31, 2019.

Fourth Quarter 2019 Financial Results

Net revenue for the quarter increased 8% to $171.6 million compared to $158.6 million in the fourth quarter of 2018.

Gross profit in the fourth quarter was up 10% to $27.6 million compared to $25.1 million in the year ago quarter, with gross margin... More