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Last $25.09 USD
Change Today +0.07 / 0.28%
Volume 248.4K
SYKE On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 8:10 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

sykes enterprises inc (SYKE) Snapshot

Open
$24.89
Previous Close
$25.02
Day High
$25.12
Day Low
$24.86
52 Week High
04/29/15 - $26.04
52 Week Low
10/13/14 - $19.47
Market Cap
1.1B
Average Volume 10 Days
248.4K
EPS TTM
$1.56
Shares Outstanding
43.5M
EX-Date
--
P/E TM
16.1x
Dividend
--
Dividend Yield
--
Current Stock Chart for SYKES ENTERPRISES INC (SYKE)

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sykes enterprises inc (SYKE) Details

Sykes Enterprises, Incorporated, together with its subsidiaries, provides outsourced customer contact management solutions and services in the business process outsourcing (BPO) arena. Its customer care services include product information requests, describing product features, activating customer accounts, resolving complaints, cross-selling/up-selling, handling billing inquiries, changing addresses, claims handling, ordering/reservations, prequalification and warranty management, providing health information, and roadside assistance. The company’s technical support services comprise handling inquiries regarding hardware, software, communications services, communications equipment, Internet access technology, and Internet portal usage; and customer acquisition services consist of inbound and outbound up-selling of its clients’ products and services. The company also provides technical staffing services and outsourced corporate help desk services; and fulfillment services, such as order and payment processing, inventory control, product delivery, and product returns handling. The company offers its services to Fortune 1000 companies, medium-sized businesses, and public institutions in the communications, financial services, technology/consumer, transportation and leisure, healthcare, and other industry verticals. It operates in the United States, Canada, Latin America, Australia, the Asia Pacific Rim, Europe, the Middle East, and Africa. Sykes Enterprises, Incorporated was founded in 1977 and is headquartered in Tampa, Florida.

50,450 Employees
Last Reported Date: 02/19/15
Founded in 1977

sykes enterprises inc (SYKE) Top Compensated Officers

Chief Executive Officer, President and Execut...
Total Annual Compensation: $635.8K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $293.9K
Executive Vice President and General Manager ...
Total Annual Compensation: $406.5K
Executive Vice President, General Counsel and...
Total Annual Compensation: $316.2K
Chief Information Officer and Executive Vice ...
Total Annual Compensation: $299.0K
Compensation as of Fiscal Year 2014.

sykes enterprises inc (SYKE) Key Developments

Sykes Enterprises Seeks Acquisitions

Sykes Enterprises, Incorporated (NasdaqGS:SYKE) is looking for acquisitions.

Sykes Enterprises, Incorporated Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Revises Earnings Outlook for the Year Ending December 31, 2015; Provides Earnings Outlook for the Third Quarter Ending September 30, 2015

Sykes Enterprises, Incorporated reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported revenues of $307,453,000 compared to $320,498,000 a year ago. Income from operations was $18,217,000 compared to $10,427,000 a year ago. Income before income taxes was $17,591,000 compared to $9,713,000 a year ago. Net income was $12,912,000 or $0.31 per basic and diluted common share compared to $8,337,000 or $0.19 per diluted common share a year ago. Net cash provided by operating activities was $28,462,000 compared to $23,186,000 a year ago. Capital expenditures were $8,607,000 compared to $12,530,000 a year ago. Non-GAAP income from operations was $21,954,000 compared to $15,021,000 a year ago. Non-GAAP net income, per diluted share was $0.36 compared to $0.27 a year ago. Second quarter 2015 revenues decreased $13.0 million, or 4.1%, driven chiefly by unfavorable foreign exchange rates as the functional currencies of the Company’s various international operations weakened relative to the U.S. dollar on a comparable basis; on a constant currency basis, second quarter 2015 revenues increased 1.1% comparably, with the increased demand led by the technology vertical. For the six months, the company reported revenues of $631,138,000 compared to $644,927,000 a year ago. Income from operations was $40,758,000 compared to $24,905,000 a year ago. Income before income taxes was $39,030,000 compared to $24,586,000 a year ago. Net income was $28,551,000 or $0.67 per diluted common share compared to $18,650,000 or $0.44 per basic and diluted common share a year ago. Net cash provided by operating activities was $57,104,000 compared to $39,342,000 a year ago. Capital expenditures were $19,476,000 compared to $24,236,000 a year ago. Non-GAAP income from operations was $48,240,000 compared to $33,601,000 a year ago. Non-GAAP net income, per diluted share was $0.79 compared to $0.58 a year ago. The company is updating its full-year 2015 business outlook. Given the better-than-expected financial results for the second quarter, the Company is increasing the bottom end of its revenue range for 2015 to between $1,275.0 million and $1,285.0 million from between $1,270.0 million and $1,285.0 million previously. In addition, the Company is also raising both the bottom and top-end of its full-year Non-GAAP diluted earnings per share ranges to between $1.57 and $1.63 from between $1.54 and $1.62 previously. The investments associated with the incremental capacity additions and the related ramps are expected to impact diluted earnings per share by approximately $0.09 for the second half of 2015. Yet despite these incremental investments, the Company’s implied operating margin expectations for full-year 2015 remains unchanged. With the incremental seat additions, on top of those slated previously, the Company now expects to end 2015 with a net increase in seats of 1,700 relative to year-end 2014 versus initial plans of a flat seat count. The Company’s revenues and earnings per share assumptions for the third quarter and full year 2015 are based on foreign exchange rates as of July 2015. The Company anticipates a slightly higher effective tax rate for full-year 2015 relative to the business outlook provided in May 2015, driven chiefly by a shift in the geographic mix of earnings to higher tax rate jurisdictions. The company expects effective tax rate of approximately 27.0%; on a non-GAAP basis, an effective tax rate of approximately 28.0%, diluted earnings per share of approximately $1.35 to $1.41, and capital expenditures in the range of $60.0 million to $65.0 million. Considering the above factors, the Company anticipates the following financial results for the third quarter ending September 30, 2015. The company expects revenues in the range of $315.0 million to $320.0 million; Effective tax rate of approximately 29.0%; on a non-GAAP basis, an effective tax rate of approximately 30.0%; Diluted earnings per share of approximately $0.29 to $0.32; Non-GAAP diluted earnings per share in the range of $0.34 to $0.37; Capital expenditures in the range of $25.0 million to $28.0 million.

Sykes Enterprises, Incorporated to Report Q2, 2015 Results on Aug 03, 2015

Sykes Enterprises, Incorporated announced that they will report Q2, 2015 results on Aug 03, 2015

 

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Industry Analysis

SYKE

Industry Average

Valuation SYKE Industry Range
Price/Earnings 15.5x
Price/Sales 0.8x
Price/Book 1.6x
Price/Cash Flow 8.5x
TEV/Sales 0.6x
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