Inc’s list of the 5,000 fastest growing private companies in the US is out for 2018. Six language service providers could not hold on to their spots in 2017 and were replaced by six other companies this year. Continue reading
Financial Results
The most recent financial results announcements from publicly traded language industry companies
Revenue of profits up strongly at Japan’s largest language service provider, Honyaku Center, as acquired Media Research Inc. is consolidated for the first time. Continue reading
Video games localization and production specialist Keywords Studios sees sales soar by 72% as acquisitions power growth. Pre-tax profit up 66% to EUR 15.9m. Continue reading
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In its last set of results before consolidating Donnelley Language Solutions, SDL posts first half revenues of GBP 143.1m and adjusted EBITA of GBP 12m. CEO Hernandez sees the benefits of transformation finally beginning to make an impact. Continue reading
As markets are trending sideways in 2018, a handful of language services and technology providers in media localization and language data managed to outperform the markets. Continue reading
Streaming boom powers localization business for UK-listed ZOO Digital with revenues growing 73% to USD 28.6m for the financial year ending March 2018. New CFO appointed following a 10x rise in the stock price. Continue reading
In the first half of its 2018 financial year, RWS posts revenues of GBP 139.6m and a pre-tax profit of GBP 28.6m. While acquisitions drive revenue growth, the core patent translation business generates the majority of profits. Shares pop 10% following the results. Continue reading
AAC Global’s revenues grew by nearly EUR 2m (+14%) to 15.9m for 2017. The pre-tax profit margin came in at 6.9%, meaning the Finnish LSP generated EUR 1.1m in EBITDA in 2017. Continue reading
Honyaku Center registers a slight 3.9% increase year-on-year with total revenues of JPY 10.6bn (USD 96.2m), making this fiscal year a record for Japan’s largest LSP. Shares jump on the news, climbing to a two-year high. Continue reading
SDL says first quarter 2018 in line with expectations, while US-based remote interpreter LanguageLine Solutions reports slowing revenue growth due to a weak dollar and a technical glitch. Continue reading
In first trading update post Moravia acquisition, RWS says revenues jumped by 82% to GBP 139.6m and pre-tax profit was at least GBP 28.3m. While analysts continue to rate the stock a buy, the company lost over USD 250m in market cap in early London trading. Continue reading
Who’s up, who’s down? Listed Language Service Providers continue to do well in 2018 even though the upward trend has slowed somewhat compared to the previous two to three years. Continue reading
Keywords Studios chalks up a record 2017, ballooning in revenue, profit and size. The company expects more of the same in 2018, with more acquisitions, increased capacities in six locations, and two new studios already in the pipeline. Continue reading
Lingo24 saw steady revenue growth in 2017 while losses narrowed. The company expects its proprietary technology will help it to outcompete larger rivals and return it to profitability in 2018. Continue reading
Donnelley Financial Solutions reported flat sales and disappointing profits. But growth in translation services helped offset softer performance in other areas. Continue reading
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