Lionbridge Technologies (LIOX) Misses Q2 EPS by 3c
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Lionbridge Reports Q2 Results With Record Revenue of $144.2 Million, GAAP EPS of $0.07 and Non-GAAP EPS of $0.14
August 4, 2016 8:00 AM EDTWALTHAM, Mass., Aug. 4, 2016 /PRNewswire/ -- Lionbridge Technologies, Inc. (Nasdaq: LIOX), today announced financial results for the second quarter ended June 30, 2016.
Financial highlights for the second quarter include:
Record revenue of $144.2 million, an increase of $7.7 million, or 6%, compared to the first quarter of 2016 and a year-on-year increase of $428,000 as compared to the second quarter of 2015. GAAP net income of $3.9 million, or $0.07 per share, based on 59.3 million weighted average fully diluted common shares outstanding. GAAP net income increased $3.6 million, or $0.06 per share, sequentially compared to the first... More