Sector • Services Industry • Professional Services |
Industry • Professional Services |
Sector • Services |
A humbling times by SRT during the financial third quarter of 2022
SRT recorded third quarter of 2022 operating profit of $5.596 millions
Published Mar 22 2023
CSIMarket Team / CSIMarket.com
Revenues depreciated by -5.586 % to $163.14 millions from $172.79 millions in the corresponding financial reporting period a year prior and sequentially Revenue decreased by -2.688 % from $167.64 millions.
Net profits of $2.264 millions in the fiscal interval ending September 30 2022 fell by -27.48 % from $3.122 millions in the corresponding period a year before. Looking further into fiscal interval ending September 30 2022 Startek Inc 's profitability, operating margin mitigated to 3.43%, and net margin shrank to 1.39%.
Operating earnings, fell -32.89% to $5.596 millions, squeezing Startek Inc 's operating margin to 3.43%, from 4.83% in the third quarter of 2021.
Startek Inc is expected to report next financial results on May 08, 2023.
Other SRT's news
Headline: Startek Inc Reports Alarming Plunge in Top-line Revenues during Q3 2023
Startek Inc Achieves Surprising Turnaround with Vanishing Deficit in First Quarter of 2023 Earnings
Revenues receded by -5.586 %, at SRT in the third quarter of 2022 earnings season
A humbling times by SRT during the financial third quarter of 2022
Sharp fall in EPS at the company all along the financial interval ending June 30 2022
Other SRT's news
Headline: Startek Inc Reports Alarming Plunge in Top-line Revenues during Q3 2023
Startek Inc Achieves Surprising Turnaround with Vanishing Deficit in First Quarter of 2023 Earnings
Revenues receded by -5.586 %, at SRT in the third quarter of 2022 earnings season
A humbling times by SRT during the financial third quarter of 2022
Sharp fall in EPS at the company all along the financial interval ending June 30 2022