Investing.com - StarTek reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
StarTek announced earnings per share of $0.100 on revenue of $163.14M. Analysts polled by Investing.com anticipated EPS of $0.110 on revenue of $173.01M.
StarTek shares are down 29.95% from the beginning of the year , still down 38.32% from its 52 week high of $5.48 set on Wednesday, November 10, 2021.
StarTek follows other major Information Technology sector earnings this month
StarTek's report follows an earnings beat by Apple on Thursday, October 27, 2022, who reported EPS of $1.29 on revenue of $90.1B, compared to forecasts EPS of $1.26 on revenue of $88.76B.
Microsoft had beat expectations on Tuesday, October 25, 2022 with first quarter EPS of $2.35 on revenue of $50.1B, compared to forecast for EPS of $2.32 on revenue of $49.86B.
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