Startek: Gains on surprise Q3 profit

Startek

10/11/2020 17:38

** Shares of BPO service provider  SRT.N  up 16.03% at $6.44
    ** SRT, Monday after the bell, reported Q3 adj. profit of
$0.08/shr vs expected loss of $0.01 per share - Refinitiv IBES
    ** Q3 net income attributable to Startek shareholders was
$0.4 mln vs net loss of $2.8 mln a year earlier  urn:newsml:reuters.com:*:nBwd6tf1a
    ** SRT said increase was driven by "prudent" expense
management throughout firm
    ** Co reported Q3 revenue of $162.7 mln vs est of $152 mln -
Refinitiv IBES
    ** Including session's gain, stock down 18% YTD

 (Reporting by Rithika Krishna)
 ((Rithika.Krishna@thomsonreuters.com;))