Shares in Straker Hit All-Time Low Despite Revenue Growth in Q1
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.
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Grant Straker
Straker Drops Full-Year Revenue Guidance After Subdued Q3 FY23
New Zealand-based language service provider (LSP), Straker Translations, reports slowed growth as a result of worsening trading conditions and delayed IBM project.
IBM Is Now a USD 15 Million Account for Straker Translations
Sydney-listed language service provider, Straker Translations, announces extension of IBM contract. Market reacts favorably.
Straker Sees Q2 FY23 Topline Growth Easing Amid ‘Adverse Trading Conditions’
Straker posts revenue growth of 19% driven by acquisitions but slowed by macro environment. Bags new United Nations contract as it continues to integrate Idest.
Straker Translations Posts Solid Q1 FY23 as M&A Integrations Drive Margins
Straker Translations Q1 FY23 revenues up 66% versus same period last year. Sydney-listed LSP stays on track to deliver on guidance despite some weakness in Europe.
Straker’s ‘Vintage Year’ — Revenues Increase by 79% Beating Guidance
Language services provider Straker tops guidance, reporting unaudited full year revenues of USD 36m. Annualized revenue by Project Manager crosses USD 0.5m.
SlatorCon Keynote Speakers Discuss Translation Innovation, Media Localization Trends
CEOs Grant Straker (Straker Translations) and Cyril Drabinsky (Deluxe) cited investment in internal technology as a key factor in their success.
Straker’s Revenues Double in Third Quarter of 2022 on M&A, Organic Growth
New Zealand-based language service provider (LSP) Straker roughly doubles quarterly revenues vs. the prior year, and sets its sights on Europe’s public sector after IDEST acquisition.
Straker Translations Expands in Europe With Idest Acquisition
Straker Translations continues acquisition strategy by buying Belgium-based language service provider IDEST for up to EUR 4.5m.
Straker Posts Strong Second Quarter FY22 as IBM Now Orders 10M Words Monthly
New Zealand-headquartered language service provider Straker Translations reports 66% growth in Q2 FY22, with adjusted EBITDA turning positive in the month of September.
Straker Translations Chairman and CEO on Recurring Revenues, Margin Dip, Lingotek
Lingotek acquisition supports Straker Translations’ full-year results as New Zealand LSP posts close to 50% revenue growth to USD 29m for the full year ended June 30, 2021.
IBM Drives Strong First Quarter for Straker Translations
New Zealand-headquartered language service provider Straker Translations reports 49% growth in Q1 FY22, as Lingotek adds first full-quarter reporting and IBM boosts revenues.
Why Shares in Straker Translations Climbed to All-time High
Shares in Straker Translations climbed 14% the day they announced results for the fiscal year ended March 31, 2021. LSP plans SaaS subscription push among technology customers.
Lingotek Acquisition and IBM Win Deliver Q4 Growth for Straker
Australia-listed language service provider Straker Translations credits “high-margin” Lingotek acquisition and IBM win for strong March and growth in Q4 2021.
Straker Shares Skyrocket 75% on IBM Deal
Sydney-listed Straker Translations lands major deal win with IBM; shares zoom up as investors bet on long awaited boost to profitability.
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