West Corp reports fourth-quarter increase

 


Fourth-quarter revenue increased 8.8 percent to $680.2 million for West Corp., the company said Wednesday.

The strong fourth quarter helped the company end the year with $2.64 billion in revenue, up 5.9 percent over last year.

In the fourth quarter, EBITDA — earnings before interest, taxes and depreciation and amortization, the company's measure of profitability — was $187.1 million, up 11.3 percent.

For the year, EBITDA was $713.1 million, up 4.7 percent. In the fourth quarter, net income was $32.7 million, up 54.4 percent and, for the year, net income was $125.5 million, down 1.5 percent. Privately held West Corp. doesn't report per-share profits.

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