Language Industry (Artificial) Intelligence — Slator Answers
The most recent financial results announcements from publicly traded language industry companies
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 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.
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.
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.
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.
Ai-Media’s H1 FY23 revenues remain flat while gross profit is up by 13% and automated captioning minutes increase 105%.
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.
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.
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.
New Zealand-based language service provider (LSP), Straker Translations, reports slowed growth as a result of worsening trading conditions and delayed IBM project.
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.
Zoo Digital outperforms competitors again. Keywords Studios’ globalization unit strengthens video game localizer’s position. Appen’s stock continues to plunge.
French call center giant Teleperformance highlights steady development of interpreting specialist subunit, LanguageLine, in third quarter results.
Translation and interpreting demand at Japan’s largest LSP, Honyaku Center, now approaching pre-Covid figures. Slow recovery of in-person activities continues to impact sales.
Multilingual captioning provider, Ai-Media, enters new fiscal year with increased revenue, renewed exclusive agreement with big tech, new partnerships.
Zoo Digital’s financial results for half year to September 2022 reveals impact of heated competition among streaming giants — and how media localization plays into their strategy.
AMN Language Services, formerly interpreting provider Stratus Video, reports solid growth in AMN Healthcare’s Q3 FY22 results.
Straker posts revenue growth of 19% driven by acquisitions but slowed by macro environment. Bags new United Nations contract as it continues to integrate Idest.
London-listed Super Agency, RWS, publishes trading update for FY 2022. Key highlights from filing and how markets reacted.
Share price falls after release of trading update; expecting disappointing full-year 2022 revenue and EBITDA results.
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