TransPerfect Q1 Sales Reach All-Time Record NEW YORK,

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
46
TransPerfect Q1 Sales Reach All-Time Record

NEW YORK, April 11, 2017 (GLOBE NEWSWIRE) -- TransPerfect , the world’s largest privately held provider of language and technology solutions for global business, today reported first quarter sales of $134 million, setting a new Q1 record. This figure represents an increase of 11% over the same period in 2016, and a 27% jump over 2015.

Coming off a 2016 that saw the company post an all-time high of $547 million in total revenues, TransPerfect’s continued rapid growth has the company trending far ahead of last year’s strong results. As was the case last year, sales totals for January, February, and March were the highest in the company’s history for each respective month, once again suggesting that TransPerfect’s growth is sustainably generated, rather than the result of one exceptionally strong month or a large sale disproportionately impacting numbers.

Sales of its award-winning GlobalLink translation management technology continue to grow, with Q1 unit sales up 43%. Over 180 new companies implemented GlobalLink technology during the period.

In addition to technology sales, multiple verticals and practice groups showed significant gains, including finance, healthcare, life sciences , and international e-discovery/litigation support groups.

TransPerfect Co-CEO Liz Elting remarked, “The strong start to our year comes from one thing: our never-ending drive to improve as a company and partner. Our clients count on us to propel their businesses forward, and it will take continued hard work and innovation from our amazing team in order to deliver.”

Co-CEO Phil Shawe commented, “I am continually both blessed and humbled by the ability of our team to overcome any adversity, focus on driving success for our clients, and consistently deliver outstanding results.”

TransPerfect expects to open multiple new offices in 2017, including production hubs and call center facilities, all designed to support both existing business units as well as new groups and solutions. 

About TransPerfect With annual revenues of more than $540 million, TransPerfect is the world's largest privately held provider of language services and technology solutions . From offices in over 90 cities on six continents, TransPerfect offers a full range of services in 170+ languages to clients worldwide. More than 4,000 global organizations employ TransPerfect’s GlobalLink® Product Suite to simplify management of multilingual content. With an unparalleled commitment to quality and client service, TransPerfect is fully ISO 9001 and ISO 17100 certified. TransPerfect has global headquarters in New York, with regional headquarters in London and Hong Kong. For more information, please visit our website at www.transperfect.com .

Contact: Ryan Simper +1 212.689.5555 mediainquiry@transperfect.com

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Tam-Peli Steps Up in SCLC Battle: Trial Insights

Updated Category News Views 5

Noteworthy Developments in Small-Cell Lung Cancer Treatment Let's dive into a story straight from the world of small-cell lung cancer (SCLC) that doesn't take any prisoners. The antidote making waves is tambotatug pelitecan, or Tam-Peli for short, showcasing its might in the unrelenting fight against relapsed SCLC. The phase III TAISHAN-302 trial puts Tam-Peli...

Continue Reading
Surfing Dogs Ride Waves, Support Orphan Pets

Updated Category News Views 1

Waves, Paws, and Passion Who would've thought that dogs catching waves could also catch hearts and wallets? Well, that's exactly what's happening today at Del Mar Dog Beach with the 21st Annual Surf Dog Surf-A-Thon revving up the excitement. It's a sun-soaked day in Rancho Santa Fe, California, right in the thick of things at the longest-running dog surf competition. For...

Continue Reading
Larry Ellison's Moves Signal Confidence in Oracle's Future

Updated Category News Views 7

Unraveling Ellison's Bold Decision There's nothing like a sudden shift from a tech titan to make Wall Street sit up and take notice. Today, we got the word that Larry Ellison, Oracle's big gun as Executive Chair and CTO, has pulled the plug on his plan to sell Oracle stock. No dice, no distance covered under that plan. And he's made it crystal clear—selling isn't on his...

Continue Reading
Protecting Teeth: Insights from Endodontist Dr. Joubert

Updated Category News Views 7

Preserving Our Natural Chompers Digging into the details of endodontic care, you realize how it's the unsung hero in the dental world. And let's face it, teeth don't get happier on their own when there's a problem on the inside. Dr. Christopher Joubert, a wiz on the endodontic front, spills the beans over at HelloNation about how essential these practices are in keeping...

Continue Reading
Ajman Spotlights Tourism at Arabian Travel Market 2026

Updated Category News Views 3

Ajman: A Tourism Gem in the Making Swinging into the Arabian Travel Market 2026, Ajman isn't just a footnote in the UAE's tourism playbook anymore, it's gunning for the spotlight. There's a flurry of activity as the Ajman Department of Tourism, Culture and Media rolls up its sleeves to flaunt the emirate's kaleidoscope of attractions to the world's tourism brass. Going...

Continue Reading
USPS Honors 150 Years of the U.S. Coast Guard Academy

Updated Category News Views 7

Honoring Tradition and Service The good ol’ U.S. Postal Service is at it again, giving a tip of the hat to a slice of American military heritage. This time, they’re putting out a new stamp to celebrate the 150th anniversary of the U.S. Coast Guard Academy. And you know where they did the honors? Right there on Custom House Pier in New London, Connecticut, a place that...

Continue Reading
New 2027 Jeep Wrangler JL-2A: A Blast from the Past

Updated Category News Views 5

Revisiting a Prized Legacy: The 2027 Jeep Wrangler JL-2A Sometimes, what’s new is really just a nod to what’s old—and nowhere is this more so than with the 2027 Jeep Wrangler JL-2A. In the grand parade of automotive history, Jeep's latest creation is more than just a vehicle; it's a time machine that cruises on its historic lineage while strapping on all the modern...

Continue Reading
Trial Disappointment: No Significant Gains in NSCLC

Updated Category News Views 5

Dissecting the Nuances of the EVOKE-03/KEYNOTE-D46 Trial Every once in a while, we come across a trial that rattles cages in the research community. Today, it's the EVOKE-03/KEYNOTE-D46 trial, a collision of hope and hard-knock reality. This Phase 3 trial, which sought to explore the potential combo of sacituzumab govitecan (SG) and pembrolizumab on metastatic non-small...

Continue Reading
Damp or Dry: The Battle for Healthy Air in Colorado

Updated Category News Views 5

The Hidden Cost of Colorado's Dry Air Dry climate isn't just a seasonal inconvenience—it's a real hidden cost to living comfortably and healthily in Colorado. With winters colder than a brass monkey's tail and summers that don't offer much relief in terms of humidity, your home's air quality is on the front line. So, what's the financial tale here, and how do you come...

Continue Reading
PureHealth's Acid Reflux Solutions: An Investor's Insight

Updated Category News Views 3

Digestive Wellness: The Emerging Opportunity Some days, it feels like everybody's got a gripe about their gut. You nod along at the lunch counter, folks buzzing about digestive this and acid that. But when PureHealth Research pops up with their fancy supplements, well, even the stock market's noisier nonsense starts sounding a bit quieter. They're banking big on the...

Continue Reading

Top 5 Most Recently Viewed Articles

Brighty Secures $10 Million to Boost Crypto Payments Flexibility

Updated Category News Views 375

Brighty Secures $10 Million to Expand Crypto Payments Brighty, a pioneering digital finance platform, has successfully raised $10 million in its latest funding round. This investment, provided by Futurecraft Ventures, is aimed at enhancing the company's operations in Europe and the UK, paving the way for a seamless user experience using cryptocurrency for day-to-day...

Continue Reading
ConnectOne Bancorp's Q3 Earnings: Merger Insights and Outlook

Updated Category News Views 212

ConnectOne Bancorp's Strategic Endeavors in the Third Quarter In a recent earnings call, ConnectOne Bancorp (NASDAQ: CNOB) revealed a merger with First of Long Island Corporation, aimed at significantly boosting the bank's market footprint and credit quality. This merger, anticipated to finalize in the first half of 2025, positions ConnectOne with assets exceeding $14...

Continue Reading
Siro Secures $50 Million to Innovate In-Person Sales with AI

Updated Category News Views 469

Siro Secures $50 Million in Series B Funding Siro, recognized for its innovative AI-powered conversation intelligence platform tailored for in-person sales, has recently secured $50 million in Series B funding, led by SignalFire. This infusion of capital is aimed at propelling Siro's growth and enhancing its offerings within the sales industry. Transforming In-Person...

Continue Reading
Understanding Man Group PLC's Involvement with Serica Energy

Updated Category News Views 150

Overview of Man Group PLC Man Group PLC is an established investment management firm known for its innovative approach to financial markets. The company focuses on delivering client-oriented solutions through a variety of strategies and capabilities. With a culture that emphasizes adaptability and forward-thinking, Man Group remains a key player in the investment...

Continue Reading
Civitas Resources Shareholders Urged to Join Securities Lawsuit

Updated Category News Views 139

Understanding Your Rights as a Civitas Resources Shareholder Civitas Resources, Inc. has become a focal point for shareholders who believe they have been misled regarding the company's financial health and future production capabilities. Investors who purchased securities have the opportunity to take part in a class action lawsuit aimed at holding the company accountable....

Continue Reading