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Startek news covers the company's customer experience solutions business, including client partnerships, digital customer support projects, contact center modernization, cloud-based support technology and self-service programs. Company announcements have also addressed workplace certifications, inclusion and leadership recognition, and industry assessments of customer experience management providers.
Startek announcements also document corporate governance and capital-structure developments tied to its completed take-private acquisition. The company stated that its common stock ceased trading and was no longer listed on the New York Stock Exchange after the January 2024 completion of the transaction.
Startek, Inc. (NYSE:SRT) reported its third-quarter financial results for 2020, revealing a net revenue of $162.7 million, a slight decrease from $164.6 million in Q3 2019. Gross profit fell to $22.9 million with a gross margin of 14.1%. Despite the drop, net income improved to $0.4 million compared to a loss of $2.8 million in the prior year. Adjusted EBITDA rose 16.8% to $15.6 million. The company noted operational improvements and a focus on digital initiatives, preparing for future revenue growth amidst ongoing challenges from the pandemic.
Startek, Inc. (NYSE: SRT) will hold a conference call on November 9, 2020, at 5:00 p.m. Eastern time to discuss its third-quarter financial results for the period ended September 30, 2020. The company will issue a press release prior to the call. Participants can join via toll-free dial-in at (844) 239-5283 or internationally at (574) 990-1022, using Conference ID 6192319. A live broadcast and replay of the call will be available. Startek specializes in tech-enabled customer experience management solutions across various sectors, serving over 250 clients globally.
Startek, Inc. (NYSE:SRT) is set to present at the 9th Annual Gateway Conference on September 10, 2020, at 8:30 AM PT. The virtual conference aims to connect top companies with institutional investors and analysts. Startek will have one-on-one meetings throughout the event, which will be available for live webcast and replay. The Gateway Conference features companies across various growth industries, enhancing investor relations and insights.