All tech investors want is double-digit revenue growth from here to eternity. Companies, especially software companies, that don't deliver are often relegated to the discount bin - a place where Lionbridge Technologies (Nasdaq:LIOX) has been for a while. Although the financial performance at this company has not been great, expectations appear so low now that even a little bit of sustainable success could lift the shares.
Addressing a Scattered and Disorganized Market
Lionbridge Technologies is one of the very few companies to do what it does - offering translation and "localization" services for a variety of companies. If a company needs to produce a foreign language version of its software, online offerings, marketing material and so on, they can go to Lionbridge for those services.
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