Welcome to our dedicated page for AgileThought news (Ticker: AGIL), a resource for investors and traders seeking the latest updates and insights on AgileThought stock.
AgileThought, Inc. (NASDAQ: AGIL) delivers cutting-edge digital transformation solutions to global enterprises through custom software development and advanced technologies. This news hub provides investors and industry professionals with timely updates on strategic initiatives, financial developments, and technological innovations shaping the company's trajectory.
Discover comprehensive coverage of AGIL's corporate milestones, including revenue growth, gross margin improvements, and expansion of specialized capabilities like Applied AI and Gaming solutions. Track updates on strategic financial restructuring and partnerships with leading organizations across North and Latin America.
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• Enterprise software developments
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• Technology guild expansions
• Financial performance insights
Bookmark this page for reliable updates on AgileThought's progress in delivering next-generation digital solutions while maintaining compliance with financial reporting standards. Check back regularly for verified information supporting informed analysis of this NASDAQ-listed technology partner.
AgileThought, Inc. (Nasdaq: AGIL) announced the appointment of Eric Purdum as the new Chief Revenue Officer, effective immediately. Purdum, who has over 25 years of experience in digital transformation, will lead AgileThought's global sales teams and focus on customer-centric growth initiatives. His previous role was VP/Global Head of Banking Solutions at Luxoft, where he significantly improved team performance. This leadership change follows the departure of Kevin Johnston, the former Chief Operating Officer, recognizing his contributions during a transformative period for AgileThought. CEO Manuel Senderos expressed confidence that Purdum’s leadership will drive new opportunities and growth, aligning offerings with customer needs.
AgileThought, Inc. (NASDAQ: AGIL) reported its fourth quarter and full year results for 2022 on March 9, 2023. Fourth-quarter revenue was $43.1 million, representing a 2.3% year-over-year increase, while 2022 revenue totaled $176.8 million, up 11.5%. Gross margin improved to 31.6% in Q4 and 32.6% for the full year. The company added 3 new clients in Q4 and 21 clients throughout 2022. For 2023, AgileThought expects revenue of at least $201.6 million and gross margin between 33.5% and 34.5%. However, the company amended its financing agreements due to defaults, requiring significant principal repayments and restructuring covenants to stabilize its capital structure.
AgileThought, Inc. (NASDAQ: AGIL) will release its fourth quarter and full year 2022 financial results on March 9, 2023, after market close. A conference call will follow at 4:30 PM ET to discuss the results and provide business updates, with a session for Q&A. The call can be accessed via a live webcast or by phone. A replay will be available after the call until May 10, 2023. For more company information, visit AgileThought's website.
