West Corp (WSTC) Releases Earnings Results, Beats Expectations By $0.03 EPS

West Corp (WSTC) reported quarterly earnings results on Monday, Aug-1-2016. The company said it had a profit of $0.78 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.03. Analysts had a consensus of $0.75. The company posted revenue of $582.40 million in the period, compared to analysts expectations of $576.90 million. The company’s revenue was up 1.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.79 EPS.

West Corp closed down -0.12 points or -0.54% at $22.11 with 1,39,951 shares getting traded on Friday. Post opening the session at $22.3, the shares hit an intraday low of $21.89 and an intraday high of $22.3 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

In a different news, on Jun 1, 2016, Thomas B Barker (CEO) purchased 25,000 shares at $21.09 per share price. According to the SEC, on Jun 1, 2016, Scott Etzler (President Unified Comm Svcs) sold 10,000 shares at $21.15 per share price. On Dec 8, 2015, Rodney J. Kempkes (Chief Administrative Officer) sold 2,000 shares at $25.19 per share price, according to the Form-4 filing with the securities and exchange commission.

West Corporation (West) is a provider of technology-enabled communication services. The Company offers a range of communication and network infrastructure solutions that helps to manage or support communications. The Company operates in two segments: Unified Communications including conferencing and collaboration Internet protocol (IP) communications and interactive services and Communication Services including safety services telecom services and specialized agent services. Its solutions include unified communications services safety services interactive services such as automated notifications telecom services and agent services. The Company offers its services to small and medium enterprises in a variety of industries including telecommunications retail financial services safety education technology and healthcare. The Company’s operates in the United States Canada Europe the Middle East Asia-Pacific Latin America and South America.

West Corp

Leave a Reply

West Corp - Is it time to Sell?

Top Brokerage Firms are advising their investors on West Corp. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.