Sitel Corp. Sees Revenues Gains in 2001

Share this article:
Sitel Corp., Baltimore, is projecting revenue growth this year, after reporting this month that its fourth-quarter 2000 revenues were lower than for the same period in 1999.


The company's net income in the last three months of 2000 were $3.6 million, down from $4.6 million in the same period in 1999. Sitel blamed higher tax rates and lower revenues for the decrease in profits.


Fourth-quarter revenues fell to $186.7 million from $205.7 million in the fourth quarter of 1999. However, Sitel projected overall 2001 revenues to grow by $850 million to $890 million, up from $764.4 million in 2000.
Share this article:
You must be a registered member of Direct Marketing News to post a comment.

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

More in News

Hawk Search Widens its Global Reach

Hawk Search Widens its Global Reach

Hawk Search's solution offers support for more than twice as many languages as other site search providers, according to the company.

Candidates Offer Change In The Form of Targeting

Candidates Offer Change In The Form of Targeting

A campaign for Ben Carson raised $2.8 million despite his lack of cooperation.

Target Names Retail Veteran Brian Cornell as CEO

Target Names Retail Veteran Brian Cornell as CEO

He leaves the top job at PepsiCo Foods to take the spot vacated by Greg Steinhafel in the aftermath of the data breach.