Organization,
University,
Illinois Institute of Technology,
Computer science,
AI,
EVP,
Software,
Hari,
Lucent,
Persistent Systems,
University of Louisiana,
Interim,
MBA,
Growth,
Indian Institutes of Technology,
Management IRVING, Texas, May 2, 2024 /PRNewswire-PRWeb/ -- AgileThought, a leading digital transformation and AI services firm, announced the appointment of Hari Haran as Chief Executive Officer. Mr. Haran will lead the company's initiatives to accelerate value creation for its clients and drive growth.
Key Points:
- IRVING, Texas, May 2, 2024 /PRNewswire-PRWeb/ -- AgileThought, a leading digital transformation and AI services firm, announced the appointment of Hari Haran as Chief Executive Officer.
- Mr. Haran will lead the company's initiatives to accelerate value creation for its clients and drive growth.
- Mr. Haran joins AgileThought as a veteran in digital transformation services, IT products, software and engineering services.
- Most recently, he was EVP of Digital Services for Denali Advanced Integration, a global technology integrator where he led the growth of a successful digital services division.
Key Points:
- ( [email protected] ) & Christopher Gartman, Esq.
- ( [email protected] )); and Potter Anderson & Corroon LLP, 1313 North Market Street, Sixth Floor, P.O.
- Box 951, Wilmington, Delaware 19801, (Attn: Jeremy W. Ryan, Esq.
- ( [email protected] ) & Gregory J. Flasser, Esq.
Retrieved on:
Wednesday, September 6, 2023
Key Points:
- ( [email protected] ) & Christopher Gartman, Esq.
- ( [email protected] )); and Potter Anderson & Corroon LLP, 1313 North Market Street, Sixth Floor, P.O.
- Box 951, Wilmington, Delaware 19801, (Attn: Jeremy W. Ryan, Esq.
- ( [email protected] ) & Gregory J. Flasser, Esq.
LLP,
Partnership,
Chapter 11, Title 11, United States Code,
FTI Consulting,
Ropes & Gray,
KCC,
Guggenheim Partners,
FTI,
Hughes Hubbard & Reed,
Financial services,
Financial adviser To ensure a smooth transition and protection for all stakeholders, AgileThought will effectuate the transaction through a 90-day Chapter 11 reorganization process under the U.S. Bankruptcy Code.
Key Points:
- To ensure a smooth transition and protection for all stakeholders, AgileThought will effectuate the transaction through a 90-day Chapter 11 reorganization process under the U.S. Bankruptcy Code.
- Post-reorganization, we will emerge with significantly reduced debt and a private ownership structure, fortifying an even stronger and healthier AgileThought.
- This financial restructuring is anticipated to further enhance the services and support clients have come to expect from AgileThought.
- Ropes & Gray LLP and FTI Consulting are serving as legal and financial advisors to Blue Torch.
LLP,
Chapter 11, Title 11, United States Code,
FTI Consulting,
Ropes & Gray,
KCC,
Guggenheim Partners,
FTI,
Hughes Hubbard & Reed,
Security (finance),
Financial services,
Financial adviser IRVING, Texas, Aug. 28, 2023 /PRNewswire/ -- AgileThought, Inc. ("AgileThought" or the "Company"), a global provider of digital transformation services, agile software development, and next generation technology solutions, today announced additional working capital funding, a go-private transaction, and restructuring that, combined, will reduce the Company's debt load, infuse new capital into the business, and provide a firm financial foundation for its future. This transaction is underpinned by an asset purchase agreement with affiliates of Blue Torch Finance, LLC ("Blue Torch"), the Company's senior secured lenders, and marks a pivotal step in AgileThought's journey towards long-term success and enhanced service delivery.
Key Points:
- This strategic financial reorganization will pair our already robust and thriving organization with a capital structure that matches, and this move will allow us to operate even more efficiently.
- Post-reorganization, we will emerge with significantly reduced debt and a private ownership structure, fortifying an even stronger and healthier AgileThought."
- This financial restructuring is anticipated to further enhance the services and support clients have come to expect from AgileThought.
- Ropes & Gray LLP and FTI Consulting are serving as legal and financial advisors to Blue Torch.
IRVING, Texas, Aug. 14, 2023 (GLOBE NEWSWIRE) -- AgileThought, Inc. (“AgileThought” or the “Company”) (NASDAQ: AGIL), a global provider of digital transformation services, custom software development, and next generation technologies, today reported results for the second quarter ended June 30, 2023.
Key Points:
- IRVING, Texas, Aug. 14, 2023 (GLOBE NEWSWIRE) -- AgileThought, Inc. (“AgileThought” or the “Company”) (NASDAQ: AGIL), a global provider of digital transformation services, custom software development, and next generation technologies, today reported results for the second quarter ended June 30, 2023.
- Second Quarter 2023 Highlights and Results:
Revenue was $38.3 million, down 17.0% year over year from $46.2 million in Q2 2022 and down 8.4% sequentially from $41.8 million in Q1 2023, as the company continues to exit non-core revenues, and also witnessed some market volatility since mid-March.
- Gross margin of 32.1% decreased 266 bps year-over-year from 34.7% in Q2 2022, and decreased 363 bps sequentially from 35.7% in Q1 2023.
- AgileThought will not host an earnings conference call for the Second Quarter 2023 Financial Results.
Retrieved on:
Wednesday, August 2, 2023
The company thanks Amit for his valuable contributions during his tenure and wishes him the best in his future endeavors.
Key Points:
- The company thanks Amit for his valuable contributions during his tenure and wishes him the best in his future endeavors.
- Simultaneously, AgileThought is pleased to announce the appointment of Carolyne Cesar , a seasoned executive with over 20 years of experience at AgileThought, as the new Chief Financial Officer, effective immediately.
- "Carolyne's extensive knowledge of AgileThought's financial landscape, combined with her remarkable leadership abilities, makes her the ideal candidate to take on the role of CFO," said Manuel Senderos, Chief Executive Officer of AgileThought.
- During her tenure at AgileThought, Carolyne has consistently displayed a strong dedication to driving financial excellence, contributing significantly to the company's financial strategies, and ensuring operational efficiencies across the organization.
Fortune 1000,
Telephone,
SGA,
GAAP,
Consultant,
Acquisition,
Webcast,
Growth,
AGIL,
Adjustment,
Conference,
Video game,
Fine chemical,
Broadcasting IRVING, Texas, May 12, 2023 (GLOBE NEWSWIRE) -- AgileThought, Inc. (“AgileThought” or the “Company”) (NASDAQ: AGIL), a global provider of digital transformation services, custom software development, and next generation technologies, today reported results for the first quarter ended March 31, 2023.
Key Points:
- IRVING, Texas, May 12, 2023 (GLOBE NEWSWIRE) -- AgileThought, Inc. (“AgileThought” or the “Company”) (NASDAQ: AGIL), a global provider of digital transformation services, custom software development, and next generation technologies, today reported results for the first quarter ended March 31, 2023.
- All these changes are key to position AgileThought as the market leader,” commented AgileThought Chief Executive Officer Manuel Senderos.
- AgileThought will host its first quarter 2023 Earnings Conference Call on Friday May 12, 2023, at 8:00 AM Eastern Time.
- For years, Fortune 1000 companies have trusted AgileThought to solve their digital challenges and optimize mission-critical systems to drive business value.
IRVING, Texas, May 10, 2023 (GLOBE NEWSWIRE) -- AgileThought, Inc. ("AgileThought" or the “Company”) (NASDAQ: AGIL), a pure play end to end digital transformation services provider, announces today that it will release first quarter 2023 financial results on Friday, May 12, 2023, before the market opens.
Key Points:
- IRVING, Texas, May 10, 2023 (GLOBE NEWSWIRE) -- AgileThought, Inc. ("AgileThought" or the “Company”) (NASDAQ: AGIL), a pure play end to end digital transformation services provider, announces today that it will release first quarter 2023 financial results on Friday, May 12, 2023, before the market opens.
- Management will host a conference call at 8:00 AM ET on the same day to review financial results and provide a business update.
- Those who are unable to join the webcast may dial in by calling 1-888-770-7296 (domestic) or 1-929-203-0873 (international), Conference ID 2253206.
- A webcast replay of the call will be available approximately one hour after the end of the call through August 2, 2023.
Liveops,
Mechanics,
Universal Content Productions,
Unity (game engine),
Animation,
Game testing,
AGIL,
Content,
Video game,
Entertainment,
Gaming The new Gaming Guild will encompass five distinct practices: Game Engineering, Game Design & Gamification, Art & Content Production, Game Testing, and LiveOps & Player Support.
Key Points:
- The new Gaming Guild will encompass five distinct practices: Game Engineering, Game Design & Gamification, Art & Content Production, Game Testing, and LiveOps & Player Support.
- "AgileThought has always been at the forefront of digital innovation, and the launch of the Gaming Guild is a natural extension of our commitment to providing the best solutions for our clients in a fast-paced and dynamic industry," said Manuel Senderos, CEO at AgileThought.
- "The Gaming Guild not only allows us to cater to the needs of the gaming industry but also enables us to help non-gaming businesses unlock the full potential of gamification to drive user engagement and loyalty."
- By combining this deep knowledge with AgileThought's proven track record in delivering digital transformation solutions, the Gaming Guild is poised to become a trusted partner for businesses seeking to thrive in the competitive gaming landscape and beyond.
