The most recent financial results announcements from publicly traded language industry companies
Financial Results
SDL Cuts Costs in Anticipation of Revenue Decline
UK-listed LSP SDL released a trading update on its financial year to December 31, 2019, outlining plans to reduce sales and operations costs by GBP 8m. Continue reading
thebigword Posts Financial Year 2019 Earnings
UK-based LSP thebigword posts revenues of USD 107m for the 12 months to May 31, 2019; profits fall on increased technology spend and machine translation investment. Continue reading
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TransPerfect, Lionbridge, SDL, RWS, Welocalize: How Slator LSPI Super Agencies Fared in 2019
Rundown on how the language industry’s five full-service Super Agencies fared in the Slator 2020 Language Service Provider Index. Continue reading
Appen Revenues Up 47% in FY 2019, Speech Annotation Posts Strong Growth
Australia-listed data annotation provider Appen reports 2019 full-year results; machine learning platform Figure Eight contributes USD 22m to total revenues of USD 352m (+47%). Continue reading
Shares in Japan’s Largest Translation Company Slide on Declining Revenues
Increase in revenues from patent translations fails make up for decline across all other sectors of core Translation Business. Continue reading
Straker’s Growth Slows as Enterprise Shift Subdues Third Quarter FY 2020 Results
New Zealand-headquartered LSP Straker Translations grew 2% in the three months to December 2019; says longer lead times for enterprise customers subdued progress. Continue reading
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Video Game Specialist Keywords Posts 30% Top Line Growth in 2019, Half of it Organic
UK-listed video game services provider Keywords Studios grew revenues by 30% in 2019, despite a “relatively light year for video games” ahead of new Xbox and Playstation. Continue reading
TransPerfect Revenue Climbs to Record USD 764m in 2019 but Growth Slows
TransPerfect revenues climb 8.4% in 2019 to USD 764m. Revenue growth propelled by acquisitions in media and gaming localization along with the AI data services and the TMS business. Continue reading
SDL Expects 2019 Revenues of Roughly USD 488m
UK-listed language service provider SDL is expected to hit revenues of ca. USD 480-492m for 2019, with adjusted operating profit of USD 44-47m, in line with analyst estimates. Continue reading
Alpha Revenues to Rebound from GBP 15.3M in 2018 Says Company Director
UK-based language service provider Alpha CRC battled declining revenues for third consecutive year in the financial year 2018. A company representative said sales rebounded in 2019. Continue reading
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