NEW YORK, October 29, 2015 – TransPerfect, the world’s largest privately held provider of language and technology solutions for global business, today announced Q3 revenues of nearly $130 million, the highest total for this period in the company’s history and more than $10 million ahead of last year’s total for the same quarter.
The company’s strong performance in the third quarter marks a continuation of the torrid growth pace that has already produced record highs for total sales in Q1 and Q2 of this year. Year-to-date, revenues are more than $27 million ahead of 2014’s pace.
Growth in the company’s GlobalLink technology division has continued to quicken, with over 500 new companies choosing GlobalLink technology solutions to manage their multilingual content and website localization initiatives this year alone.
Also contributing to the company’s results is the high number of retailers and e-commerce organizations preparing for the upcoming holiday shopping season, as well as strategic multilingual initiatives within finance, manufacturing, and life sciences organizations.
“The dedication and talent of our employees continues to amaze me every single day,” said Liz Elting, Co-CEO of TransPerfect. “Seeing the incredible things they do for the benefit of our clients and for each other is truly inspiring, and it is at the center of our success as an organization.”
“Setting a new revenue record is a major accomplishment,” added Co-CEO Phil Shawe. “But what’s even better is that our growth has been coming from multiple divisions of the company. I would like to thank both our clients and our long-tenured management team who are responsible for this success.”
About TransPerfect
With annual revenues of more than $470 million, TransPerfect is the world's largest privately held provider of language services and technology solutions. From offices in 90 cities on six continents, TransPerfect offers a full range of services in 170+ languages to clients worldwide. More than 3,000 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 EN 15038 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.