Rochester, NY 8/19/2009 5:46:54 AM
Lionbridge Technologies Inc., LIOX - Lionbridge Trades on Despite Second Quarter Loss and Declines in Revenue
Lionbridge Technologies Inc.
Lionbridge Technologies Inc. post a 22 percent drop in the company’s revenue year over year for the second quarter although officials pointed to the period’s improved sequential performance as evidence of a better second half to come.
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“Despite the effects of the global economic slowdown, we continue to establish long-term relationships with the world’s most trusted organizations,” Lionbridge CEO Rory Cowan “All of these signs indicate a solid second half 2009 and further acceleration in 2010.”
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