Teleperformance Optimistic as LanguageLine Contributes to Record-Breaking H1 2021
LanguageLine parent company says first-half performance, including interpreting provider’s 22.5% growth, ‘far exceeds’ a mere return to pre-Covid growth.
Teleperformance
The Language Industry's Biggest Hires of 2018
The industry was abuzz with leadership changes. Two language industry CEOs stepped down after more than two decades at the helm, and a number of large companies announced key management adjustments. This was the year in language industry hires.
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.
Here's the First Half 2018 Scorecard for Listed Language Service Providers
As markets are trending sideways in 2018, a handful of language services and technology providers in media localization and language data managed to outperform the markets.
SDL Q1 in Line with Expectations; Glitch Slows LanguageLine
SDL says first quarter 2018 in line with expectations, while US-based remote interpreter LanguageLine Solutions reports slowing revenue growth due to a weak dollar and a technical glitch.
Slator Software-as-a-Service (SaaS) Localization Report
90-page report on how SaaS companies partner with LSPs to localize products, drive market/user growth. Incl. market size, tech review.
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LanguageLine Bolsters Parent Company as Revenues Grow 17% to USD 618m in 2020
French parent company Teleperformance lauds LanguageLine for being ‘particularly resilient’ during the pandemic in full-year 2020 results; adds 2,600 ‘offshore” interpreters to the workforce.
LanguageLine Reports Strong Q3; Honyaku Upgrades H1 Forecast
Interpreting provider LanguageLine Solutions enjoys “robust growth”; while Japan’s largest LSP, Honyaku, forecasts better-than-expected results for first half.
Strong LanguageLine Boosts Teleperformance’s H1 2020 Results
Teleperformance buoyed by interpreting provider LanguageLine’s strong first half of 2020 as virtual remote interpreting benefits from telehealth boom and boosts top line and margins.
Slator 2019 Language Industry Market Report
Slator’s inaugural comprehensive language industry market report. It examines total market size, the 10 main end-buyer industries, competitive landscape, productivity tech, NMT and much more.
Reader Polls: Private vs Public Sector, MT and Productivity, RSI’s Future, Outlook 2019
Is working for the public sector different for translators? Has machine translation boosted your productivity? And is remote simultaneous interpreting the future staple?
‘Doctors Love Video Remote Interpreting,’ Says LanguageLine Owner
Operational glitch and unfavorable base effect weigh on LanguageLine’s 2018 results, but owner projects 2019 growth to be significantly above 5%.
The Slator 2019 Language Service Provider Index
The Slator 2019 Language Service Provider Index features the largest LSPs in a Leaders Index and the midfield in a Challengers Index.
LanguageLine Revenues Grow by 8.6% in 2017 to USD 451m
In its first full year under its new owner Teleperformance, remote interpreter LanguageLine posts another solid performance, growing revenues by 8.6% to USD 451M.
LanguageLine Contract in Canada Probed by Alberta’s Ministry of Justice
Local language service providers push back against Alberta’s contracting of US-giant LanguageLine for remote video remote interpreting service for state’s courts. “We don’t know who is interpreting. We don’t know anything.”
Teleperformance Folds LanguageLine Into New Unit, Keeps Brand
LanguageLine contributes EUR 114m in sales and EUR 41 in pre-tax profit in 2016 since its acquisition in mid-September. Company relies almost completely on over-the-phone interpretation, which may make it vulnerable to regulatory changes in the US.
Grand Exit: How to Sell a Language Service Provider
What is my company worth? Consolidation among the thousands of language service providers is accelerating. Here is what owners have to know to maximize value as they look to sell their business.
Lionbridge’s Third Quarter: Some Rain, Some Shine
Mixed quarter for Lionbridge, as new wins from clients in regulated industries, manufacturing, and government are offset by a decline in enterprise IT. CEO sees new opportunities in over-the-phone interpretation and crowdsourcing for NLP and speech.
Interprefy Closes Funding Round at CHF 4m Valuation
Swiss remote interpretation startup Interprefy raises second funding round in less than one year; sees its valuation increase from CHF 1.5m to CHF 4m (USD 4.1m). Startup faces pushback from some interpreters, but finds traction among conference organizers in Lake Geneva region and Zurich.
LanguageLine’s New Owner Says Tech Will Not Replace Interpreters
Chairman of French Teleperformance Daniel Julien puts his money where his mouth is; buys Language Line for USD 1.5bn. CCO of thebigword not surprised at purchase price, while ATA president says too soon to draw conclusions.
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