GREENWOOD VILLAGE, Colo.--(BUSINESS WIRE)--StarTek, Inc. (“STARTEK”) (NYSE: SRT), a provider of business process outsourcing services, was added to the Russell 2000® Index at the conclusion of the Russell Indexes’ annual reconstitution. The Russell 2000 is a subset of the broad-market Russell 3000® Index.
Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $8.4 trillion in assets are benchmarked against the Russell U.S. indexes. Russell indexes are part of FTSE Russell, a leading global index provider.
“Joining the Russell 2000 Index represents another considerable step forward for our company this year, one which we expect will increase the overall awareness of our organization and accomplishments,” said Chad Carlson, president and CEO of STARTEK. “The listing is a reflection of the continued demand for our services, notably evidenced by our strong Q1 2017 results, winning approximately $30 million in new business and reaching our sixth consecutive quarter of gross margin expansion. This truly is a milestone that is indicative of our continued focus on attaining new customer accounts and improving operating efficiencies to drive greater profitability.”
For more information on the Russell 2000 Index and the Russell indexes reconstitution, go to the Russell Reconstitution section on the FTSE Russell website.
About StarTek, Inc.
STARTEK strives to be the most trusted business process outsource service provider delivering comprehensive contact center and customer engagement solutions. Our employees, whom we call Brand Warriors, are enabled and empowered to promote and protect our clients’ brands. For over 25 years, these Brand Warriors have been committed to making a positive impact for our clients’ business results, enhancing the customer experience while reducing costs for our clients. With the latest technology in the business process outsourcing industry and our STARTEK Advantage System, our Brand Warriors instill customer loyalty through a variety of multi-channel customer interactions, including voice, chat, email and IVR. Our service offerings include sales support, order processing, customer care and receivables management and customer analytics. For more information, please visit www.STARTEK.com.