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November 23, 2009 10:22 AM ET
Miscellaneous Commercial Services and Supplies
West Corporation

Company Overview

West Corporation provides business process outsourcing services. It operates in three segments: Communication Services, Conferencing Services, and Receivables Management. The Communication Services segment provides outsourced communication solutions, including customer relationship management (CRM), emergency communication infrastructure systems and services, and automated notification services. The CRM market comprises customer care, acquisition, and retention. The emergency communication services market includes the provision of core 9-1-1 infrastructure management and emergency communications services to participants in the telecommunications network, including telecommunications carriers...

Detailed Description

11808 Miracle Hills Drive

Omaha, NE 68154

United States

Founded in 1986

28,700 Employees

Phone:

402-963-1200

Fax:

402-571-7000

www.west.com

Key Executives

Chairman
Age: 54
President and Chief Operating Officer
Age: 49
Chief Financial Officer
Age: 55
President of InterCall Inc
Age: 56
President of West Consumer Services
Age: 42
Compensation as of Fiscal Year 2009.

Key developments for West Corporation

West Corporation Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2009

West Corporation reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company has posted revenue was $559.0 million compared to $598.5 million for the same quarter last year, a decrease of 6.6%. Operating income was $77.01 million compared to $111.30 million for the same period a year ago. Income before tax was $6.85 million compared to $36.53 million for the same period a year ago. Net income attributable to company was $3.8 million compared to $21.7 million for the same period a year ago. Adjusted EBITDA was $153.2 million compared to $169.7 million for the same period a year ago. Cash flow from operations was $99.8 million compared to $86.0 million for the same period a year ago. For the nine months, the company has posted revenue of $1,772.8 million compared to $1,675.7 million for the same quarter last year. Operating income was $293.2 million compared to $261.5 million for the same period a year ago. Income before tax was $101.06 million compared to $43.35 million for the same period a year ago. Net income attributable to company was $60.9 million compared to $28.2 million for the same period a year ago. Adjusted EBITDA was $483.4 million compared to $456.0 million for the same period a year ago. Cash flow from operations was $200.8 million compared to $160.6 million for the same period a year ago.

West Corporation, Q3 2009 Earnings Call, Oct-22-2009

West Corporation, Q3 2009 Earnings Call, Oct 22 2009

West Corporation Receives Lender Consent to Amend its Senior Secured Credit Agreement

West Corporation announced it has received lender consent to amend its Senior Secured Credit Agreement. In connection with the amendment, West expects to extend the maturity date for $1 billion of its existing term loans from October 24, 2013 to July 15, 2016 with the interest rate margins of such extended term loans increasing by 1.50%. The amendment would permit West to, among other things, agree with individual lenders to make additional extensions of their term loans or extend or refinance their revolving credit commitments under the Credit Agreement, and to issue new secured notes.

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