The most recent financial results announcements from publicly traded language industry companies
2020 brought extreme pressure on businesses and listed language service providers (LSPs) were no exception. Which LSPs fared better in 2020 and which suffered most amid Covid-19? Continue reading
Australia-listed language data provider Appen downgrades FY EBITDA guidance by ca. 16% after disappointing November, California lockdowns, and absence of pre-Christmas spike. Continue reading
RWS reports stable earnings in its last full-year set of figures prior to SDL inclusion. Plans to rebrand and create four new divisions, housing a mix of RWS and SDL business lines. Continue reading
Keywords Studios expects 2020 revenues to be up due to continued strong trading and production through Covid; indicates resilience of game localization space. Continue reading
UK-based media localization company ZOO Digital grew 15% in the six months to September 2020; dubbing and digital packaging up, while subtitling suffers from content dearth. Continue reading
AMN’s 2020 acquisition, Stratus Video, posts revenues of USD 35m in the third quarter as remote interpretation demand recovers strongly after Covid-related plunge in early Q2 2020. Continue reading
Language service provider Summa Linguae Technologies grows 114% in Q3 2020, including acquisitions. Data annotation business triples. Continue reading
Interpreting provider LanguageLine Solutions enjoys “robust growth”; while Japan’s largest LSP, Honyaku, forecasts better-than-expected results for first half. Continue reading
New Zealand-based language service provider (LSP) Straker Translations grew sales in the six months to September 2020, and now plans to resume acquisition strategy. Continue reading
Japanese machine translation (MT) and language service provider (LSP) Rozetta grew 3.2% to USD 19m in the first half, as MT revenues climbed 46%. Continue reading
Ahead of FY 2020 results, and closing of SDL deal, RWS projects revenues of GBP 355m; strength in big tech and life sciences compensates for weakness in IP and General Language Translation Businesses. Continue reading
Before relinquishing its crown as the world’s largest LSP by revenue to RWS, TransPerfect puts in a strong third quarter as revenues rise by 13%. Continue reading
Three UK-based language service providers — thebigword, translate plus, and Capita TI — finally filed 2019 financials in September and October 2020, with mixed results. Continue reading
Media localizer ZOO Digital expects double-digit revenue growth in six months to September 30, 2020; details USD 100m revenue roadmap via 10x increase in dubbing sales. Continue reading
Video game services provider Keywords Studios grew 8% in H1 2020. All divisions except Localization contributed. H2 trading starts well; CEO gives update on media localization plans. Continue reading
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