TransPerfect Announces Record First Quarter Results for 2019

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Apr 11, 2019, 10:00 ET

NEW YORK, April 11, 2019 /PRNewswire/ -- TransPerfect, the world's largest provider of language and technology solutions for global business, announced today that billed revenue for the first quarter of 2019 topped $166 million, representing an 8.2% increase over $154 million for the same period in 2018.

Strong sales of the company's flagship technology platform, the GlobalLink Product Suite, contributed heavily to the quarter's success with 169 new enterprise deployments and a 48% increase in unit sales.

In addition to the gains in sales and technology metrics, new offices were announced in Tampa, Hartford, and Lisbon, extending the company's global footprint of over 100 locations worldwide. TransPerfect was also active in M&A during the quarter, welcoming Barcelona-based Propulse Video to its family of companies. Propulse is a media house that specializes in video content, including corporate explainer videos.

TransPerfect President and CEO Phil Shawe said, "TransPerfect's performance in the first quarter is a testament to our people and their dedication to our clients. We were fortunate to complete 26 years of consecutive growth in 2018, and I can't thank the team enough for carrying that momentum into 2019."

About TransPerfect
TransPerfect is the world's largest provider of language services and technology solutions for global business. From offices in over 90 cities on six continents, TransPerfect offers a full range of services in 170+ languages to clients worldwide. More than 5,000 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.

SOURCE TransPerfect