Le Lézard
Classified in: Science and technology, Covid-19 virus
Subjects: SLS, CSR

TransPerfect Sales Top $850 Million In 2020


NEW YORK, Jan. 20, 2021 /PRNewswire/ -- TransPerfect, the world's largest provider of language and technology solutions for global business, today announced 2020 annual billed revenue of $852 million, an 11 percent increase over the previous year.

"Everyone at TransPerfect feels very fortunate that the company's business model proved resilient, was successfully adapted to a remote working environment, and allowed us to continue to deliver for our customers," stated Phil Shawe, TransPerfect President and CEO.

In Q4 of 2020, quarterly billing exceeded $250 million for the first time in history, a significant milestone for the company. This equates to an increase of 15 percent over the same three-month period in 2019.

The year started strong with the company's best-ever Q1, but growth slowed in Q2 as TransPerfect's diverse array of clients confronted the impact of the COVID-19 pandemic. As the year progressed, sales accelerated as many businesses began to reopen and adapt. TransPerfect also advanced its philanthropic goals in 2020 by supporting the following organizations and causes, among others:

Shawe continued, "Our team members' generosity and ability to overcome adversity continue to inspire me on our 29-year journey together. But perhaps in no other single year was our team's character tested more than in 2020. We are grateful to have persevered through this year, grateful to have been there for our clients, grateful to not have lost sight of our values, and beyond grateful that the vast majority of our staff remains in good health."

"In closing, we would also like to give a special thanks to all of our suppliers and translators who have stood with us during each year's ups and downs for nearly three decades?your contribution and partnership was never more appreciated than in 2020."

About TransPerfect
TransPerfect is the world's largest provider of language and technology solutions for global business. From offices in over 100 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


These press releases may also interest you

at 09:25
The "Global Immune Health Supplements Market - Outlook & Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering. The global immune health supplements market was valued at $20.80 billion in 2022 and is expected to reach...

at 09:15
Vaccines are one of the most significant public health achievements in modern history, playing a vital role in helping to prevent certain infectious diseases and protect communities across the globe.Unfortunately, the COVID-19 pandemic brought forth...

at 09:05
...

at 09:00
Coveo , a leading provider of enterprise AI Search, Recommendations and Generative Experience platforms that enable individualized, connected, and trusted digital experiences at scale with unified relevance, today announced two new GenAI business...

at 08:49
Cove Capital Investments reviews and analyzes nearly every type of asset class available for Delaware Statutory Trust investors.  This list of potential DST property asset classes includes government leased buildings, self-storage facilities,...

at 08:40
The "United States Self-Monitoring Blood Glucose Devices Market Growth, Share, Size, Trends, Analysis and Forecast (2024 - 2032)" report has been added to ResearchAndMarkets.com's offering. The U.S. Self-Monitoring Blood Glucose Devices market size...



News published on and distributed by: