Lionbridge Technologies Inc. (LIOX) reported second-quarter net income of $2.5 million or $0.04 per share, up from $1.7 million or $0.03 per share last year.
Excluding items, adjusted earnings for the quarter was $11.1 million or $0.18 per share, compared to the adjusted earnings of $4.3 million or $0.07 per share in the prior-year quarter.
On average, five analysts polled by Thomson Reuters expected the company to breakeven for the quarter. Analysts' estimates typically exclude special items.
Total revenues for the quarter grew 5 percent to $119.2 million from $113.2 million in the prior-year quarter. Five analysts had a consensus revenue estimate of $114.84 million for the quarter.
Looking ahead, Lionbridge forecasts revenue of $112-115 million for the third quarter. It also expects continued revenue and earnings growth in the fourth quarter.
Analysts currently expect the company to generate revenues of $114.17 million in the third quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.