Sitel Releases Q4 Earnings Report

Sitel-Financial-Results

Sitel, the international business process outsourcing firm, announced quarterly earnings on Friday of last week.  In its presentation to bondholders, COO & CFO Patrick Tolbert highlighted strong continued revenue momentum versus Q4 of 2011.  Sales had increased 6.1% from $342.7M to $364.1M.

Further, 4th Quarter the SG&A rate saw improvements as the Company has been scaling with growth while also investing in the business.  SG&A decreased $3.6M to $94.3M, or 25.9% of sales.

On the downside, EBITDA declined 2.6% to $33.7M year-over-year, a decrease Sitel attributed to softness in its margins.

With 57,000 employees worldwide, the Company is one of the largest BPO providers, focusing on customer care and back-office processes.

(For the full presentation to bondholders, click here.)