Sykes: 4Q Earnings Snapshot

Sykes: 4Q Earnings Snapshot

TAMPA, Fla. (AP) _ Sykes Enterprises Inc. (SYKE) on Wednesday reported fourth-quarter net income of $23 million.

The Tampa, Florida-based company said it had net income of 56 cents per share. Earnings, adjusted for one-time gains and costs, were 69 cents per share.

The outsourcing company posted revenue of $425.3 million in the period.

For the year, the company reported profit of $64.1 million, or $1.53 per share. Revenue was reported as $1.61 billion.

For the current quarter ending in April, Sykes expects its per-share earnings to range from 49 cents to 53 cents.

The company said it expects revenue in the range of $417 million to $422 million for the fiscal first quarter.

Sykes expects full-year earnings in the range of $2.36 to $2.50 per share, with revenue ranging from $1.7 billion to $1.72 billion.

Sykes shares have declined 9.5% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $33.49, a climb of 15% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SYKE at https://www.zacks.com/ap/SYKE

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