Lionbridge Technologies (LIOX) Misses Q1 EPS by 3c; Guides Below the Street
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Lionbridge Reports First Quarter Revenue Of $136.5 Million, GAAP EPS Of $0.01, Non-GAAP EPS Of $0.09 And Adjusted EBITDA Of $10.3 Million
May 5, 2016 8:00 AM EDTWALTHAM, Mass., May 5, 2016 /PRNewswire/ -- Lionbridge Technologies, Inc. (Nasdaq: LIOX), today announced financial results for the quarter ended March 31, 2016. Highlights for the quarter include:
Revenue of $136.5 million, as compared to revenue of $136.8 million in the first quarter of 2015. Excluding revenue from the US Department of Justice contract, which the Company exited in November of 2015, revenue grew $5.7 million or 4% year-on-year in constant currency. GAAP net income of $0.4 million or $0.01 per share, based on 60.6 million fully diluted shares outstanding. This marks a decline of $2.7 million or $0.04 per... MoreKemper Selects Lionbridge GeoFluent for Omnichannel, Omnilingual Customer Care
May 3, 2016 9:30 AM EDTWALTHAM, Mass., May 3, 2016 /PRNewswire/ --Â Lionbridge Technologies, Inc. (NASDAQ: LIOX), today announced Kemper Corporation has selected Lionbridge GeoFluent as its Omnichannel, Omnilingual customer care solution. With GeoFluent, Kemper is able to eliminate customer language barriers across all channels by providing contact center agents with... More
