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Startek Inc   (NYSE: SRT)
Other Ticker:  
 
    Sector • Services    Industry • Professional Services
   Industry • Professional Services
   Sector • Services
 
Price: $4.4200 $0.05 1.144%
Day's High: $4.44 Week Perf: 1.38 %
Day's Low: $ 4.36 30 Day Perf: 2.08 %
Volume (M): 169 52 Wk High: $ 0.00
Volume (M$): $ 748 52 Wk Avg: $0.00
Open: $4.37 52 Wk Low: $0.00



 Market Capitalization (Millions $) 178
 Shares Outstanding (Millions) 40
 Employees 52,000
 Revenues (TTM) (Millions $) 370
 Net Income (TTM) (Millions $) -40
 Cash Flow (TTM) (Millions $) -19
 Capital Exp. (TTM) (Millions $) 12

Startek Inc
Startek Inc is a global customer engagement company that provides customer experience management, back-office processing, and technology services to various industries, including telecommunications, retail, healthcare, and e-commerce. The company offers a wide range of solutions, such as customer care, technical support, sales, collections, and retention services. Startek operates in over 13 countries worldwide, employing thousands of customer service professionals to assist clients in delivering exceptional customer experiences. The company focuses on leveraging technology, analytics, and innovative processes to optimize customer engagement and improve operational efficiency.


   Company Address: 4610 South Ulster Street, Denver 80237 CO
   Company Phone Number: 262-4500   Stock Exchange / Ticker: NYSE SRT


   

Stock Performances by Major Competitors

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Startek Inc

Startek Inc Reports Alarming Plunge in Top-line Revenues during Q3 2023

Startek Inc: A Bearish Outlook Amidst Disappointing Financial Results
Startek Inc, a professional services company, recently released its financial report for the quarter ending on September 30, 2023. Unfortunately, the results painted a bleak picture for the company, as it reported a significant decline in revenue and a considerable shortfall per share compared to the same period in the previous year.
To begin with, Startek Inc's revenue plummeted by a staggering 42.606% to $93.63 million in the third quarter of 2023. This decline in revenue is a cause for concern as it indicates a substantial drop in demand for the company's services. Additionally, the company posted a shortfall per share of $-0.60, a significant deviation from the $0.01 earnings per share reported in the third quarter of 2022.
Startek Inc

Startek Inc's Profits Skyrocketed by 220% while Revenue Plummeted in Q2 2023, Sparks Concerns About Future Operations



Startek Inc, a Professional Services company, recently released its financial results for the second quarter of the 2023 fiscal year. While the company has witnessed an impressive 220% increase in income, the revenue has significantly declined by 45.6%. These numbers have undoubtedly raised questions about the future prospects and impact on Startek Inc's operations.
1. Challenging Revenue Trends:
The financial data reveals that Startek Inc's revenue for the second quarter of 2023 decreased by 45.6% to $91.20 million, compared to the same period in the previous year. This sharp decline could be attributed to various factors, including slowing demand, which is reflected in the reduced level of accounts receivable at $38.2 million.
Startek Inc

Startek Inc Achieves Surprising Turnaround with Vanishing Deficit in First Quarter of 2023 Earnings

Startek Inc: Analyzing the Recent Financial Results
Startek Inc is a leading provider of business process outsourcing services. The company operates across the globe, offering customer service, sales, technical support, and other related services. In the first quarter of 2023, the company released its latest financial results, which revealed some interesting trends in the services sector.
One of the first things we can observe is that other companies in the services sector had a higher receivables turnover ratio compared to Startek Inc. Although the overall receivables turnover ratio for the company remained relatively unchanged compared to the previous period, it is still a point to improve on in the future.









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