The Best and Worst Performing Listed Language Service Providers of 2021
While the overall language industry put in an exceptionally strong year, investors in listed LSPs and companies operating LSP units were handed a decidedly mixed bag in 2021.
Appen
Appen Shares Fall 25% After First Half 2021 Results Disappoint Investors
Despite growth in New Markets, AI data leader Appen reports 2% revenue decline in H1 2021, with net profit after tax down 55%, sending the share price down to 2018 levels.
Appen Share Prices Tumble After Data-for-AI Leader Releases FY 2021 Results
Record annual revenue of USD 447m unable to offset investor disappointment in ASX-traded company after downgraded EBITDA guidance and plunge in net profit after tax.
TWB, Big Tech, Academia Take on Covid-19 Language Challenge
Collaboration between Amazon, Facebook, Google, Microsoft, etc., and Translators Without Borders aims to fight Covid-19 infodemic through machine translation research.
Lionbridge Acquires Gengo to Bolster AI Business
Lionbridge acquires former crowdsourcing translation startup Gengo in bid to boost AI training data and services business.
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Appen Pivots to Product-Led Strategy; Shares Down 49% Year to Date
AI data leader Appen sees share price drop 11% in May amid continuing retreat from all-time highs of 2020. Company splits reporting into separate Services and Product segments.
Appen Shares Plunge, TRSB Buys Anglocom, Evaluating MT, Huge RFP in Sweden
Appen’s shares plunge, TRSB acquires local rival Anglocom, Google MT evaluation paper released, USD 72m interpreting tender in Sweden, Slator Job Index rises again.
Appen Shares Tumble After Disappointing Results and 2021 Outlook
While Covid’s impact on clients’ priorities limited Appen’s revenue growth to 12%, the data-for-AI giant hopes new clients and the Chinese market will boost future performance.
6 Structural Reasons Why LSPs Are Set to Win in Data-for-AI Services
Workforce management is essential to an LSP’s core activities of translation and localization and may also be the golden ticket to new revenue streams in data-for-AI services.
Here’s How 6 Major LSP Client Segments Use Data for AI
Data-for-AI services are a new and highly specialized sub-industry of AI. But how exactly are text, image, and speech data used in an LSP’s end-customer segment?
2020 Performance Ranking and Analysis of Listed Language Service Providers
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?
Appen Downgrades Earnings Guidance as Q4 Flouts Tradition
Australia-listed language data provider Appen downgrades FY EBITDA guidance by ca. 16% after disappointing November, California lockdowns, and absence of pre-Christmas spike.
Women in Localization Welcomes Appen as Silver Sponsor
Appen, a global leader in high-quality training data for machine learning systems, is a Silver-level sponsor of Women in Localization for 2020-2021.
Lionbridge Sells AI Division to TELUS for USD 935 Million
Lionbridge sells data annotation division to Canada's TELUS in major payday for private equity owners H.I.G. Capital. Translation and localization business to remain with Lionbridge.
Appen Shares Retreat From All-time High on Soft Language Data Business
Data annotation provider Appen posts 25% revenue growth for first half 2020 as Relevance division booms. Weakness in language data business contributes to share price retreat.
And the best-performing listed LSP so far in 2020 is…
With earnings season for the first half of 2020 behind us, we take a look at how shares in listed language service providers performed year-to-date 2020.
TransPerfect Treading Water in Q2 2020 as Pandemic Caps Growth
Slowed by the impact of the pandemic, TransPerfect’s revenues grew 4% to around USD 199m in Q2 2020 including acquisitions, and remained roughly flat on an organic basis.
Media Localizer Ai-Media Reported to Consider Sydney IPO
Captioning, translation and transcription provider Ai-Media is reported to be preparing for a listing in Australia, which could value the company in the triple digit million range.
Largely Unaffected by Covid, Appen Maintains 2020 Guidance
Australia-listed data annotation provider Appen shares Covid-19 update and guides investors on 2020 profit expectations.
Language Service Providers Respond to Coronavirus Lockdowns
We surveyed the response of language service providers from across the globe to the Covid-19 pandemic. Here’s what we found.
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