StarTek, Inc. (NYSE:SRT) is reporting third quarter financial results on Monday 9th November 2020, after market close.
According to analysts surveyed by Thomson Reuters, SRT is expected to report 3Q20 loss of $ 0.01 per share from revenue of $ 152.00 million.
For the full year, analysts anticipate top line of $ 618.28 million, while looking forward to loss of $ 0.78 per share bottom line.
Previous Quarter Performance
StarTek, Inc. revealed loss for the second quarter of $ 0.07 per share, from the revenue of $ 142.17 million. The quarterly revenues down 11.45 percent compared with the same quarter last year. Street analysts expected StarTek, Inc. to report loss of $ 0.13 per share on revenue of $ 131.50 million for the second quarter. The bottom line results beat street analysts by $ 0.06 or 46.15 percent, at the same time, top line results outshined analysts by $ 10.67 million or 8.11 percent.
Stock Performance
On Friday, shares of StarTek, Inc. has traded high as $ 5.55 and has cracked $ 5.35 on the downward trend, reaching $ 5.37 with volume of 18.30 thousand shares.
According to the previous trading day, closing price of $ 5.37, representing a 96.36 % increase from the 52 week low of $ 2.75 and a 34.94 % decrease over the 52 week high of $ 8.30.
The company has a market capital of $ 216.32 million and is part of the Industrials sector and Business Services industry.
Conference Call
StarTek, Inc. will be hosting a conference call at 5:00 PM eastern time on 9th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.startek.com
StarTek, Inc. operates as a business process outsourcing company that provides omnichannel customer interactions and technology back-office support solutions. It primarily offers customer engagement consulting, omnichannel engagement, social media, customer intelligence analytics, scientific research, back office, and receivables management services under the Startek and Aegis brands.
