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.
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.
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.
Key highlights and insights from SlatorCon Amsterdam 2019 including video interview, photos, and speaker presentations.
On-stage interview with John Fennelly: Lionbridge CEO on Gengo acquisition and the nascent global market for language data, computer visualization, and other AI services.