Straker’s Board of Directors Has Had Enough
After a relentless drop in its share price, the board of language service provider Straker is attempting to put in a floor on the company’s stock and announces a buy back.
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The most recent financial results announcements from publicly traded language industry companies
After a relentless drop in its share price, the board of language service provider Straker is attempting to put in a floor on the company’s stock and announces a buy back.
Game services giant, Keywords, releases results for the first half of 2023, as its Globalize segment grows by 3% despite media localization market downturn.
ZOO Digital forewarns a “significant EBITDA loss” in upcoming H1 results, triggering a drop in share value, as Hollywood strikes take their toll.
Shares in Appen tumble by 30% as investors grow anxious over half-year 2023 results, with revenue falling by a quarter and losses piling up amid slow client demand and emerging competition.
Japan’s largest translation and interpreting provider, Honyaku Center, delivered 4% growth in Q1 FY24, and its core patent translation division outperformed, with 14% growth.
ZOO Digital grew 28% in FY23, with dubbing up 73%. New content production has since been hit by Hollywood strikes and client-side cost savings, impacting current trading.
Fresh off the acquisition of two game development studios and two digital marketing agencies, Irish game localizer Keywords Studios reports H1 2023 revenue growth but outlook disappoints.
Shares in Straker Translations are trading at an all-time low despite “modest” revenue growth of 2% in Q1 FY24. Company launches translation app in Slack and Microsoft Teams.
Shares in UK-listed RWS climbed 10% in one day after the release of its first-half results, in which the LSP’s CEO outlined the benefits of AI and large language models (LLMs).
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.
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.
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.
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