Straker’s Board of Directors Has Had Enough
After a relentless drop in its share price, the board of language service provider Straker is attempting to put in a floor on the company’s stock and announces a buy back.
SlatorCon Zurich is now SOLD OUT — See you on October 4th!
Financial Results
The most recent financial results announcements from publicly traded language industry companies
Keywords’ Globalize Unit Grows 3% in H1 2023 Despite Market Downturn
Game services giant, Keywords, releases results for the first half of 2023, as its Globalize segment grows by 3% despite media localization market downturn.
Shares in ZOO Digital Tumble as Strikes in Hollywood Lead to Significant EBITDA Loss
ZOO Digital forewarns a “significant EBITDA loss” in upcoming H1 results, triggering a drop in share value, as Hollywood strikes take their toll.
Appen Shares Crash as Data-for-AI Provider Posts Losses and Competition Intensifies
Shares in Appen tumble by 30% as investors grow anxious over half-year 2023 results, with revenue falling by a quarter and losses piling up amid slow client demand and emerging competition.
Honyaku Center Post Modest Growth of 4% in the First Quarter of FY24
Japan’s largest translation and interpreting provider, Honyaku Center, delivered 4% growth in Q1 FY24, and its core patent translation division outperformed, with 14% growth.
Slator Game Localization Report
100-page report on the fast-growing game localization vertical. Includes market size, game development, language tech, GaaS, and in-depth localization process guide.
ZOO Digital CEO on How Hollywood Strikes and AI Will Impact Media Localization
ZOO Digital grew 28% in FY23, with dubbing up 73%. New content production has since been hit by Hollywood strikes and client-side cost savings, impacting current trading.
Keywords Studios Shares Drop Over 10% on ‘Pronounced Moderation’ in Localization
Fresh off the acquisition of two game development studios and two digital marketing agencies, Irish game localizer Keywords Studios reports H1 2023 revenue growth but outlook disappoints.
Shares in Straker Hit All-Time Low Despite Revenue Growth in Q1
Shares in Straker Translations are trading at an all-time low despite “modest” revenue growth of 2% in Q1 FY24. Company launches translation app in Slack and Microsoft Teams.
What We Learned from RWS’ First-Half 2023 Results
Shares in UK-listed RWS climbed 10% in one day after the release of its first-half results, in which the LSP’s CEO outlined the benefits of AI and large language models (LLMs).
Translation and Interpreting Drive Return to Growth for Honyaku Center in FY2023
Japan-listed LSP Honyaku Center reported revenue growth of 5.9% to almost USD 80m in FY2023, as demand for translation and interpreting offset declines in other divisions.
Straker Narrowly Misses Full-Year Revenue Guidance but Returns to Profit in Q4
Straker Translations reported (unaudited) revenues of NZD 59.4m in full-year 2023, narrowly missing guidance but returning to profitability after a strong Q4 and cost savings.
Shares in RWS Drop on First-Half 2023 Trading Update
Shares in UK-listed RWS fell 16% in one day following the release of a trading update, in which RWS said it expects a double-digit decline in adjusted pre-tax profit in the first half of FY23.
The Best and Worst Language Service Provider Stocks since ChatGPT Launched
As the language industry races to assess the business impact of large language models, we examine who were the top and worst performing listed language service providers since ChatGPT.
Appen Launches Full Strategy Review After ‘Far From Satisfactory’ 2022 Results
Australia-based data-for-AI provider Appen releases “far from satisfactory” results for full-year 2022 as customers face onslaught from new social media platforms and privacy issues.
‘ChatGPT Is Not a Threat,’ Ai-Media CEO Tells Investors
Ai-Media’s H1 FY23 revenues remain flat while gross profit is up by 13% and automated captioning minutes increase 105%.
‘Primary Driver of Outperformance’ — Language Services Shine in AMN’s 2022 Results
Since AMN Healthcare’s acquisition of Stratus Video in February 2020, Language Services has reportedly doubled revenues; division's Q4 2022 earnings up 23% year over year.
Here’s How Much LanguageLine’s Owner Paid for Capita TI
Teleperformance reveals how much it paid for Capita TI, praises LanguageLine’s “efficient business model,” and highlights a new record for video interpreting minutes in 2022.
TransPerfect Revenues Climb to USD 1.16 Billion in 2022, up 4.6% Year-on-Year
US-based language service provider (LSP), TransPerfect, grows 4.6% — or USD 51m — in 2022 to hit revenues of USD 1.16bn, and retains title as world’s largest LSP by revenue.
Straker Drops Full-Year Revenue Guidance After Subdued Q3 FY23
New Zealand-based language service provider (LSP), Straker Translations, reports slowed growth as a result of worsening trading conditions and delayed IBM project.
‘Healthy Demand’ for Localization Boosts Keywords’ 2022 Results
Game services provider Keywords expects to beat previous full-year revenue forecasts; posts 22% organic growth in second half of 2022 on the back of strong localization demand.
Your information will not be shared with third parties. No Spam.