StarTek Inc. (SRT) released a profit for its fourth quarter that increased from last year.
The company said its bottom line totaled $1.19 million, or $0.07 per share. This was higher than $0.33 million, or $0.02 per share, in last year's fourth quarter.
Analysts had expected the company to earn $0.11 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter fell 6.2% to $77.13 million. This was down from $82.26 million last year.
StarTek Inc. earnings at a glance:
-Earnings (Q4): $1.19 Mln. vs. $0.33 Mln. last year.
-Earnings Growth (Y-o-Y): 260.6%
-EPS (Q4): $0.07 vs. $0.02 last year.
-EPS Growth (Y-o-Y): 250.0%
-Analysts Estimate: $0.11
-Revenue (Q4): $77.13 Mln vs. $82.26 Mln last year.
-Revenue Change (Y-o-Y): -6.2%
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