Welocalize CEO and Co-Founder Smith Yewell opens 2014 LocLeaders Dublin "Reaching Impact" Forum in June with trends in localization. Smith shared the Welocalize story, starting out in 1997 and growing to more than 600 employees in 12 offices around the world. He discussed trends in localization related to talent management, meta data, frequency, size of projects and how Welocalize is innovating to meet client's needs today and in the future. TalentSight was unveiled and he shared our community projects. Translation and Localization Trends
Overall revenues were essentially flat versus our 2012 reported results (growth of $0.6M to $118M). However, we saw a shortfall to budget of $14M, driven predominately by 5 large clients.
Net profit margins of 32.3% were behind budget, though slightly up from 2012. Improvements in Park margins helped to offset decreased margins at localization divisions, which was primarily a result of below-budget revenue results.
Total bottom line of $22.4M represents a $1M decline versus 2012 and a $3.7M miss versus budget.
Note: financials below do not reflect Park results prior to Jan 30, 2012 acquisition. Versus a full year proforma inclusive of all 2012 Park results, our 2013 financial results reflect slightly higher declines than those below.
Overall revenues were essentially flat versus our 2012 reported results (growth of $0.6M to $118M). However, we saw a shortfall to budget of $14M, driven predominately by 5 large clients.
Net profit margins of 32.3% were behind budget, though slightly up from 2012. Improvements in Park margins helped to offset decreased margins at localization divisions, which was primarily a result of below-budget revenue results.
Total bottom line of $22.4M represents a $1M decline versus 2012 and a $3.7M miss versus budget.
Note: financials below do not reflect Park results prior to Jan 30, 2012 acquisition. Versus a full year proforma inclusive of all 2012 Park results, our 2013 financial results reflect slightly higher declines than those below.
Overall revenues were essentially flat versus our 2012 reported results (growth of $0.6M to $118M). However, we saw a shortfall to budget of $14M, driven predominately by 5 large clients.
Net profit margins of 32.3% were behind budget, though slightly up from 2012. Improvements in Park margins helped to offset decreased margins at localization divisions, which was primarily a result of below-budget revenue results.
Total bottom line of $22.4M represents a $1M decline versus 2012 and a $3.7M miss versus budget.
Note: financials below do not reflect Park results prior to Jan 30, 2012 acquisition. Versus a full year proforma inclusive of all 2012 Park results, our 2013 financial results reflect slightly higher declines than those below.
Overall revenues were essentially flat versus our 2012 reported results (growth of $0.6M to $118M). However, we saw a shortfall to budget of $14M, driven predominately by 5 large clients.
Net profit margins of 32.3% were behind budget, though slightly up from 2012. Improvements in Park margins helped to offset decreased margins at localization divisions, which was primarily a result of below-budget revenue results.
Total bottom line of $22.4M represents a $1M decline versus 2012 and a $3.7M miss versus budget.
Note: financials below do not reflect Park results prior to Jan 30, 2012 acquisition. Versus a full year proforma inclusive of all 2012 Park results, our 2013 financial results reflect slightly higher declines than those below.
Overall revenues were essentially flat versus our 2012 reported results (growth of $0.6M to $118M). However, we saw a shortfall to budget of $14M, driven predominately by 5 large clients.
Net profit margins of 32.3% were behind budget, though slightly up from 2012. Improvements in Park margins helped to offset decreased margins at localization divisions, which was primarily a result of below-budget revenue results.
Total bottom line of $22.4M represents a $1M decline versus 2012 and a $3.7M miss versus budget.
Note: financials below do not reflect Park results prior to Jan 30, 2012 acquisition. Versus a full year proforma inclusive of all 2012 Park results, our 2013 financial results reflect slightly higher declines than those below.
Overall revenues were essentially flat versus our 2012 reported results (growth of $0.6M to $118M). However, we saw a shortfall to budget of $14M, driven predominately by 5 large clients.
Net profit margins of 32.3% were behind budget, though slightly up from 2012. Improvements in Park margins helped to offset decreased margins at localization divisions, which was primarily a result of below-budget revenue results.
Total bottom line of $22.4M represents a $1M decline versus 2012 and a $3.7M miss versus budget.
Note: financials below do not reflect Park results prior to Jan 30, 2012 acquisition. Versus a full year proforma inclusive of all 2012 Park results, our 2013 financial results reflect slightly higher declines than those below.