The most recent financial results announcements from publicly traded language industry companies
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
UK language service provider thebigword manages to make the MoJ contract profitable. Both revenue and profits jumped; CEO confident 2018 will see another substantial rise in revenue and is looking to raise funds and make acquisitions. Continue reading
In its first full year under its new owner Teleperformance, remote interpreter LanguageLine posts another solid performance, growing revenues by 8.6% to USD 451M. Continue reading
On the back of strong market tailwinds UK-based Zoo Digital impresses with its full year performance estimate. Government grant and UAE partnership announced recently also lend investor cheer. Continue reading
Summa Linguae reported Q4 and FY 2017 revenue growth but suffered net losses in both periods. Consolidation costs from acquisitions continued to drag but they expect efforts to bear fruit soon. Continue reading
Appen delivers yet another stellar year with strong revenue and profit growth, lower expense ratio, and improved operating margins. Recent acquisitions appear to work well. Strong performance lifts Appen’s market cap to above AUD 1bn Continue reading
Keywords issues strong trading statement for 2017 and reports smooth integration of the 11 acquisitions made. The company continued its focus of diversifying and deepening its penetration across technical services in gaming, with clear intention of keeping up the acquisitions pace in 2018. Continue reading
TransPerfect grew 12.5% in 2017 and posts record USD 615M revenue for the full year, internal email reveals. Co-CEO Liz Elting calls custodian’s decision to approve sale to co-CEO Phil Shawe “surreal were it not concrete”. Continue reading
Rozetta’s revenue kept pace but profit fell in the first nine months of the financial year. The company’s bet on machine translation is not yet paying off. Continue reading
SDL projects 2017 revenues of GBP 285m, up 8% from last year. Pre-tax profit are down 18% due to restructuring charges, delayed software deals, and a faster than expected shift to SaaS. Language services margins improving. Continue reading
SDL shares under pressure after language service and technology provider issued a profit warning for the full year 2017. Company blames miss on slow-closing software deals and faster move to SaaS sales. Cost base to be reduced. Continue reading
This information will never be shared with third parties. No Spam.