Lionbridge Technologies (LIOX) Tops Q4 EPS by 1c; Issues Light Q1 Revenue Outlook

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Lionbridge Announces FY 2015 Results With Revenue of $560 Million, GAAP EPS of $0.23 and Non-GAAP EPS of $0.63

February 11, 2016 8:17 AM EST

WALTHAM, Mass., Feb. 11, 2016 /PRNewswire/ -- Lionbridge Technologies, Inc. (Nasdaq: LIOX), today announced financial results for the fourth quarter and year ended December 31, 2015.

Financial highlights for FY 2015 include:

Revenue of $560.0 million, an increase of $69.4 million or 14% from the year ended December 31, 2014. In constant currency revenue, the Company grew $88.9 million or 18% year-on-year. GAAP net income of $14.2 million or $0.23 per share based on 62.4 million fully diluted shares outstanding. GAAP net income grew $6.1 million or $0.10 per diluted share in FY 2015, reflecting 76% year-on-year growth, despite spending an incremental $6.5 million in... More