Recent News
Back
Fourth Quarter Revenue and EPS Decline
DENVER, CO. - February 28, 2007 - StarTek, Inc. (NYSE:SRT) today announced results for the fourth quarter and full year 2006. Full year 2006 revenue of $237.6 million, a 9.8% increase over 2005, was driven by revenue from new clients added since the second half of 2005. Fully diluted earnings per share including discontinued operations for the 2006 fiscal year was $0.39 compared to $0.88 in 2005. Fourth quarter revenue was $59.1 million, a 4.4% decline from the third quarter of 2006, as revenue from several clients declined due to challenges in hiring and retaining enough agents to respond to client demands and unfavorable changes in revenue mix. Fourth quarter fully diluted earnings per share was $0.08.
