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.
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.
Flitto provides multilingual corpus, speech, and image data to train AI engines in 25 different languages, covering a number of domains including conversational, colloquial, and medical.
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.
Appen CEO, Mark Brayan, speaks at SlatorCon San Francisco 2019 on the expensive, complex, and crucial process of collecting language data for AI.
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