AgileThought Stock Price, News & Analysis

AGIL NASDAQ

Company Description

AgileThought, Inc. (NASDAQ: AGIL) is a global leader in digital transformation services, custom software development, and next-generation technology solutions. The company partners with Fortune 1000 clients to help them transform, build, and run their digital businesses from ideation and design to scaled delivery and support. AgileThought leverages advanced technologies to create competitive differentiation and exceptional customer experiences across various industries.

With consultants and delivery centers across North and Latin America, AgileThought provides agile-first delivery for digital transformation, application development, data analytics (AI, ML, IoT), cloud services, UX design, DevOps, and automation. The company's experts in these fields deliver next-generation software solutions that accelerate transitions to digital platforms.

In its latest developments, AgileThought reported 2022 revenues of $176.8 million, marking an 11.5% growth year-over-year. The company also increased its gross margin to 32.6%, adding 340 basis points year-over-year. Throughout 2022, AgileThought onboarded 21 new clients. For 2023, the company projects revenues to reach at least $201.6 million, implying a 14% year-over-year growth.

Recent Achievements:

Launched industry-leading delivery infrastructure and reorganized its people team in 2022.
Introduced two new guilds, Applied AI and Gaming, in 2023 to address the growing demand for AI solutions and gamification services.
Secured additional funding and announced a go-private transaction with the support of Blue Torch Finance, aiming to emerge with reduced debt and a stronger financial foundation.

Despite market volatility and ongoing reorganization efforts, AgileThought continues to focus on enhancing client relationships and expanding its digital transformation capabilities. The company aims to remain at the forefront of technological innovations, ensuring that their services exceed client expectations.

For more information, visit AgileThought.

Stock Performance

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Performance 1 year

$10.3M

Market Cap

52.4M

Shares outstanding

Latest News

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August 28, 2023

28.08%

AgileThought Announces Strategic Financial Restructuring to Strengthen Financial Future

August 14, 2023

3.51%

AgileThought Reports Second Quarter 2023 Financial Results

earnings

August 2, 2023

2.59%

AgileThought Announces Resignation of Chief Financial Officer and Appointment of New CFO

management

May 12, 2023

35.71%

AgileThought Reports First Quarter 2023 Financial Results

earnings

May 10, 2023

8.45%

AgileThought to Report First Quarter 2023 Financial Results on May 12, 2023

conferences earnings

May 8, 2023

1.47%

AgileThought Launches New Gaming Guild

SEC Filings

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No SEC filings available for AgileThought.

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Frequently Asked Questions

What is the market cap of AgileThought (AGIL)?

The market cap of AgileThought (AGIL) is approximately 10.3M.

What does AgileThought, Inc. specialize in?

AgileThought specializes in digital transformation services, custom software development, and next-generation technologies like AI, ML, IoT, cloud services, UX design, DevOps, and automation.

Who are the primary clients of AgileThought?

AgileThought primarily serves Fortune 1000 companies, helping them transform, build, and run their digital businesses.

What recent achievements has AgileThought reported?

In 2022, AgileThought reported revenues of $176.8 million, an 11.5% growth year-over-year, and a gross margin increase to 32.6%. The company also onboarded 21 new clients during the year.

What new services has AgileThought introduced in 2023?

In 2023, AgileThought launched two new guilds, Applied AI and Gaming, to address the growing demand for AI solutions and gamification services.

What is AgileThought's projected revenue for 2023?

AgileThought projects revenues of at least $201.6 million for 2023, which implies a 14% year-over-year growth.

How is AgileThought handling current market conditions?

AgileThought continues to exit non-core revenues and small non-strategic accounts, which has impacted short-term revenues but is expected to improve long-term growth and gross margins.

What financial restructuring has AgileThought recently announced?

AgileThought announced a go-private transaction and restructuring with Blue Torch Finance's support, aiming to reduce debt and secure new capital for future operations.

How does AgileThought ensure it stays at the forefront of technological innovations?

AgileThought focuses on enhancing its expertise in digital transformation, leveraging advanced technologies, and continuously expanding its service offerings to meet the evolving needs of its clients.

Where can I find more information about AgileThought's financial updates?

AgileThought provides financial updates and relevant information on its Investor Relations website at https://ir.agilethought.com/.

What steps is AgileThought taking to support its long-term goals?

AgileThought is focusing on reorganizing its business operations, expanding its client base, launching new services like Applied AI and Gaming guilds, and securing additional funding to support its strategic initiatives.