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Sykes Enterprises, Incorporated (SYKE) Wrap Up:

Sykes Enterprises, Incorporated and consolidated subsidiaries (“SYKES,” “our,” “us” or “we”) is a global leader in providing outsourced customer contact management solutions and services in the business process outsourcing (“BPO”) arena. We provide an array of sophisticated customer contact management solutions to a wide range of clients including Fortune 1000 companies, medium sized businesses, and public institutions around the world, primarily in the communications, technology/consumer, financial services, healthcare, and transportation and leisure industries. We serve our clients through two geographic operating regions: the Americas (United States, Canada, Latin America and Asia Pacific) and EMEA (Europe, Middle East and Africa).  ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f03%2f13%2f0000950144-08-001903.html#FIS_BUSINESS"   
www.sykes.com
32,940 Employees
Founded in 1977

Sykes Enterprises, Incorporated (SYKE:NASDAQ)

LAST $25.32 USD
CHANGE TODAY -0.21 -0.82%
VOLUME 146.8K
As of 4:00 PM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of Sykes Enterprises, Incorporated (SYKE)

OPEN
$25.28
PREVIOUS CLOSE
$25.53
DAY HIGH
$25.52
DAY LOW
$25.06
52 WEEK HIGH
11/18/09 - $26.15
52 WEEK LOW
03/3/09 - $13.16
MARKET CAP
1.0B
AVERAGE VOLUME 3 mo
256.4K
DILUTED EPS TTM
$1.35
SHARES OUTSTANDING
41.4M
SYKE Does Not Pay Dividends
P/E TTM
18.7x
K = Thousands  M = Millions  B = Billions

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SYKE Top Compensated Officers

Mr. Charles E. Sykes
Chief Executive Officer, President and Execut...
Age: 46
Total Annual Compensation: $500.0K
Mr. W. Michael Kipphut CPA
Chief Financial Officer, Principal Accounting...
Age: 55
Total Annual Compensation: $374.6K
Mr. James C. Hobby
Senior Vice President of Global Operations
Age: 58
Total Annual Compensation: $310.9K
Mr. David L. Pearson
Chief Information Officer and Senior Vice Pre...
Age: 50
Total Annual Compensation: $234.8K
Mr. Lawrence Zingale
Senior Vice President of Global Sales & Clien...
Age: 53
Total Annual Compensation: $316.8K

Executives, Board Directors

Compensation as of Fiscal Year 2008.

Key developments for Sykes Enterprises, Incorporated (SYKE)

Sykes Enterprises, Incorporated to Close Call Center, Lay Off 336 Workers

Sykes Enterprises, Incorporated will close its operations on Jan. 15. The move will cost 336 workers their jobs at the company's eastern Oregon facilities. Of the layoffs, 302 workers are customer service representatives while 16 are considered managers. The facility provides technical support and customer service to customers of Sykes Enterprises, an international business services outsourcing company. Sykes provides call center and e-mail assistance to its clients.

Sykes Enterprises, Incorporated expected to Report Fiscal Year 2009 Results on March 1, 2010. This event was calculated by Capital IQ (Created on November 3, 2009).

Sykes Enterprises, Incorporated expected to Report Fiscal Year 2009 Results on March 1, 2010. This event was calculated by Capital IQ (Created on November 3, 2009).

Sykes Enterprises, Incorporated Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2009 ; Provides Earnings Guidance for the Fourth Quarter and Full Year Ending December 31, 2009

Sykes Enterprises, Incorporated reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. Third quarter 2009 revenues of $213.5 million increased $6.4 million, or 3.1%, over the comparable quarter last year, with the U.S. dollar negatively impacting revenues by $8.8 million. Third quarter 2009 earnings per share were $0.46 against $0.47 in the comparable quarter last year. The decline was principally related to a drop in other income due to a reduction in realized and unrealized foreign currency transaction gains, coupled with a decrease in interest income due to lower interest rates. The company reported income from operations of $20.6 million, income before provision for income taxes of $21.1 million, net income of $18.7 million against income from operations of $19.2 million, income before provision for income taxes of $23.2 million, net income of $19.4 million last year. Net cash provided by operating activities was $26.3 million compared to $25.4 million for the same period of last year. Capital expenditures were $4.8 million against $9.4 million of previous year period. For the nine months, the company reported income from operations of $55.2 million, income before provision for income taxes of $55.8 million, net income of $47.9 million or $1.17 per diluted share on revenue of $625.5 million against income from operations of $52.1 million, income before provision for income taxes of $63.2 million, net income of $52.9 million or $1.29 per diluted share on revenue of $618.4 million last year. Net cash provided by operating activities was $59.8 million compared to $56.4 million for the same period of last year. Capital expenditures were $23.2 million against $25.7 million of previous year period. The company provided earnings guidance for the fourth quarter and full year ending December 31, 2009. For the quarter, the company expects revenues in the range of $213 million to $215 million. The company expects EPS in the range of $0.32 to $0.35 per diluted share and capital expenditures in the range of $5.0 million to $7.0 million. For the full year ending December 31, 2009, the company expects revenues in the range of $839 million to $841 million. The company expects EPS in the range of $1.49 to $1.52 per diluted share and capital expenditures in the range of $28.0 million to $33.0 million.

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SYKE Competitors

Company Last Change
Digital River Inc $26.04 USD -0.18
Stream Global Services Inc $6.35 USD -0.15
TeleTech Holdings Inc $18.83 USD -0.17
Transcom Worldwide kr37.70 SEK +1.30
WNS Holdings Ltd $16.00 USD -0.14
Market data is delayed at least 20 minutes.

Industry Analysis

Valuation SYKE Industry Range
Price/Earnings 18.9x
Price/Sales 1.3x
Price/Book 2.3x
Price/Cash Flow 19.0x
TEV/Sales 0.9x

SYKE

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SYKE transactions

Type
Date
Target
Merger/Acquisition
October 5, 2009
ICT Group Inc.

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