The curious success of APAC Customer Services

With customers in the “healthcare, business services, publishing, communications, travel and entertainment and financial services industries,” APAC Customer Services (Nasdaq:APAC) should be a disaster.  But its not. APAC, a business service outsourcing company, reported fourth quarter earnings of $.10/share.  That’s up from a loss in the prior year quarter.  Revenues grew as well, up about [...]