West Corporation Reports Revenue Increase from Collection Agency Purchase

West Corporation (Nasdaq: WSTC), a leading provider of outsourced communication solutions, today announced its third quarter 2005 results.

“During the quarter, the benefits of our diversified business model combined with continued growth across all three business segments resulted in record revenue and profitability,” said Thomas B. Barker, Chief Executive Officer of West Corporation. “Our Communication Services segment benefited from a short-term customer engagement that contributed $8.4 million of revenue in the third quarter.”

Consolidated Operating Results
For the third quarter ended September 30, 2005, revenues were $389.8 million compared to $307.6 million for the same quarter last year, an increase of 26.7%. Revenue from acquired entities accounted for $50.3 million of this increase. Acquired entities include Sprint Corporation’s conferencing assets (acquired in June 2005) and ECI Conference Call Services LLC (acquired in December 2004) in the Conferencing segment and Worldwide Asset Management, Inc. and its related entities (acquired in August 2004) in the Receivables Management segment. Operating income for the third quarter was $68.7 million, an increase of 44.0% versus $47.7 million in the third quarter of 2004. Net income was $37.8 million, up 32.7% compared to $28.5 million in the same quarter last year. Diluted earnings per share were $0.53 versus $0.41 in the same period of 2004.