This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Lionbridge Technologies CEO Discusses Q3 2011 Results - Earnings Call Transcript

We are here to manage our cost for investing appropriately in the business and as a result as we grow revenue we expect continued margin improvement and earnings growth. Finally, we generated about 4.5 million in cash flow from operations during the quarter and we ended the quarter with almost 21 million in cash. So, the balance sheet remain strong despite our on-going investments in our software business.

So, q3 was a solid quarter, we grew about 8% year-on-year, 12% excluding the volatility of the timing of things one large technology plan. Our cost management is showing benefits, we are expanding margins and profitability.

So, let’s talk about the revenue opportunities across end markets and various offerings. As you know during the past few quarters we have been investing in a number of growth initiatives to put them in place to accelerate our revenue. We are seeing the results of that revenue growth across various segments. So, we will take them segment-by-segment.

Our GLC language business is generating solid growth. In Q1 GLC grew 6% year-on-year despite its concentration with our largest technology plans. So, let me provide some context.

As you heard from the recent Analyst Day, they shifted spend from a mature product businesses for their newer cloud consumer and mobile initiatives. This is having a short-term headwind on us given our foothold and some of their more mature product groups. But it should give us a longer term positive impact as we won a number of multi-year programs within these new cloud, consumer and mobile businesses. So, we expect those to ramp during ’12. And overtime, it should mean more consistent, less lumpy revenue as these are more business process outsourcing relationships rather than episodic IT services engagements, because they deliver new releases and updates to the market far more frequently.

Read the rest of this transcript for free on seekingalpha.com

3 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 18,132.70 -81.72 -0.45%
S&P 500 2,104.50 -6.24 -0.30%
NASDAQ 4,963.5270 -24.3630 -0.49%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs