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
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.
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 Translations Chairman Says Goodbye
Two Straker board members to bid adieu at August 24, 2022 ASM. Among them, Chairman Phil Norman, who for the greater part of the past decade led the board of the Sydney-listed, New Zealand-based LSP.
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.
Slator Pro Guide: Finding Growth in Adjacent Services
Pro Guide for LSPs to identify growth opportunities in adjacent services. Profiles 15 adjacent services, analyzing barriers to entry, risks, and synergies.
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 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.
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 Acquires Lingotek for Up to USD 9.6m
New Zealand-based Straker Translations taps into vast US market, buying translation services and translation management system provider Lingotek for up to USD 9.5m.
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.
Straker Translations Delivers Covid-Resistant Growth in FY H1 2021
New Zealand-based language service provider (LSP) Straker Translations grew sales in the six months to September 2020, and now plans to resume acquisition strategy.
Rundown on Lockdown: How Large LSPs Are Navigating the Pandemic
Here’s what happened at some of the largest language service providers during months of lockdowns and disruptions.
Straker Posts Q4 FY 2020 Earnings, Puts M&A on Hold
Australia-listed Straker Translations posts Q4 2020 market update, as early effects of coronavirus led to ca. 7% drop in sales orders from mid-March 2020.
Reader Polls: December Business, Machine Translation, EU Translation RFPs, 2020 Outlook
How was December business for LSPs? What are the most-used MT services? Should the EU rethink its translation RFPs and tests? What’s the language industry outlook for 2020?
What We Learned From Listening in on the Straker Translations H1 2020 Investor Call
Straker Translations holds investor call to announce first-half 2020 results; eyes more acquisitions and strikes partnership with AppTek to expand media localization offering.
Straker Posts Double Digit Top Line Growth in Q2 2020, Set to Buy Two LSPs in Europe
Australia-listed LSP Straker provided an update to shareholders on its enterprise client drive, AppTek partnership and media loc push, and double digit top line growth
Reader Polls: Linguists vs. AB5, Unbabel Predictions, Recruiters Calling, LSP Growth
Do recruiters approach language professionals? Do LSPs expect growth in 2019? Will California linguists win exemption from AB5? Could Unbabel have a major impact?
Straker Translations Holds AGM, Reveals Which LSPs Are on M&A Radar
Nearly 300 small LSPs on Straker Translations’ M&A radar as the company provides strategy update at AGM. Shares rally as investors seem confident in buy-and-build plans.
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