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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


Annual_Reception__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_CommonFor the fiscal interval ending September 30 2022 SRT income per share remained unaffected of $0.01 per share compare to $0.00 a year prior and EPS dropped by -80 % from $0.05 per share from the prior financial reporting period.

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.



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