IRVING, Texas, Aug. 28, 2023 (GLOBE NEWSWIRE) -- 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

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

IRVING, Texas, Aug. 02, 2023 (GLOBE NEWSWIRE) -- AgileThought, Inc. ("AgileThought" or the "Company") (NASDAQ:AGIL), a leading technology consulting firm, today announced that its Chief Financial Officer, Amit Singh, has resigned from his position, effective July 28, 2023, to pursue other career interests. 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 has been an integral part of the co

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. First Quarter 2023 Highlights and Results: Revenue was $41.8 million, down 5.4% year over year from $44.2 million in Q1 2022 and down 2.8% sequentially from $43.1 million in Q4 2022, as the company continues to exit non-core revenues, and also witnessed some market volatility since mid-March.Gross margin of 34.2% increased 290 bps year-over-year from 31.3% in Q1 2022, and increased 260 bps seq

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. Following management's formal remarks, there will be a question-and-answer session. The conference call will be available through a live webcast that is also available through the Company's investor relations website. Those who are unable to join the webca

IRVING, Texas, May 08, 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, announced today the launch of its newest guild, Gaming, dedicated to providing comprehensive and innovative solutions to the rapidly growing gaming industry, as well as non-gaming businesses looking to harness the power of gamification for increased engagement. 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

IRVING, Texas, May 04, 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, announced today the launch of a new guild, Applied AI. Artificial intelligence is rapidly changing the way businesses run, and AgileThought is proud to offer cutting-edge services to help clients stay at the vanguard. The new Applied AI Guild builds on the company's existing expertise in artificial intelligence and is designed to help clients understand the full range of applications of this technology in various industries and unlock its full potential. "We h

IRVING, Texas, March 09, 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 fourth quarter and full year ended December 31, 2022. Fourth Quarter 2022 Highlights and Results: Revenue was $43.1 million, up 2.3% year over year from $42.1 million in Q4 2021 and down 0.8% sequentially from $43.4 million in Q3 2022, as the company continues to exit non-core revenuesGross margin was 31.6%, up 190 bps year-over-year from 29.7% in Q4 2021, but down 270 bps sequentially from 34.3% in Q3 20223 new clients added

IRVING, Texas, March 02, 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 fourth quarter and full year 2022 financial results on Thursday, March 9, 2023, after the market close. Management will host a conference call at 4:30 PM ET on the same day to review financial results and provide a business update. Following management's formal remarks, there will be a question-and-answer session. The conference call will be available through a live webcast that is also available through the Company's investor relations website. Those who are unabl

IRVING, Texas, Nov. 10, 2022 (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 third quarter ended September 30, 2022. Third Quarter 2022 Highlights and Results: Revenue increased 7.4% year-over-year to $43.4 million from $40.4 million in Q3 2021, but decreased 6.0% sequentially from $46.2 million in Q2 2022, as the Company continues its exit from non-core business.Gross margin of 34.3% increased 770 bps year-over-year from 26.6% in Q3 2021, and increased 100 bps sequentially from 33.3% in Q2 2022.6 n

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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

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. First Quarter 2023 Highlights and Results: Revenue was $41.8 million, down 5.4% year over year from $44.2 million in Q1 2022 and down 2.8% sequentially from $43.1 million in Q4 2022, as the company continues to exit non-core revenues, and also witnessed some market volatility since mid-March.Gross margin of 34.2% increased 290 bps year-over-year from 31.3% in Q1 2022, and increased 260 bps seq

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. Following management's formal remarks, there will be a question-and-answer session. The conference call will be available through a live webcast that is also available through the Company's investor relations website. Those who are unable to join the webca

IRVING, Texas, March 09, 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 fourth quarter and full year ended December 31, 2022. Fourth Quarter 2022 Highlights and Results: Revenue was $43.1 million, up 2.3% year over year from $42.1 million in Q4 2021 and down 0.8% sequentially from $43.4 million in Q3 2022, as the company continues to exit non-core revenuesGross margin was 31.6%, up 190 bps year-over-year from 29.7% in Q4 2021, but down 270 bps sequentially from 34.3% in Q3 20223 new clients added

IRVING, Texas, March 02, 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 fourth quarter and full year 2022 financial results on Thursday, March 9, 2023, after the market close. Management will host a conference call at 4:30 PM ET on the same day to review financial results and provide a business update. Following management's formal remarks, there will be a question-and-answer session. The conference call will be available through a live webcast that is also available through the Company's investor relations website. Those who are unabl

IRVING, Texas, Nov. 10, 2022 (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 third quarter ended September 30, 2022. Third Quarter 2022 Highlights and Results: Revenue increased 7.4% year-over-year to $43.4 million from $40.4 million in Q3 2021, but decreased 6.0% sequentially from $46.2 million in Q2 2022, as the Company continues its exit from non-core business.Gross margin of 34.3% increased 770 bps year-over-year from 26.6% in Q3 2021, and increased 100 bps sequentially from 33.3% in Q2 2022.6 n

IRVING, Texas, Nov. 03, 2022 (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 third quarter 2022 financial results on Thursday, November 10, 2022, after the market close. Management will host a conference call at 4:30 PM ET on the same day to review financial results and provide a business update. Following management's formal remarks, there will be a question-and-answer session. The conference call will be available through a live webcast that is also available through the Company's investor relations website. Those who are unable to join the webc

IRVING, Texas, Aug. 11, 2022 (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, 2022. Second Quarter 2022 Highlights and Results: Revenue increased 18.6% year-over-year to $46.2 million from $38.9 million in Q2 2021 and increased 4.4% from $44.2 million in Q1 2022.Gross margin of 33.3% increased 220 bps from 31.1% in Q2 2021, and 200 bps from 31.3% in Q1 2022.3 new clients added during the quarter.LTM (Last Twelve Months) - signed Total Contract Value, or TCV of $2

IRVING, Texas, Aug. 04, 2022 (GLOBE NEWSWIRE) -- AgileThought, Inc. ("AgileThought" or the "Company") (NASDAQ:AGIL), a global provider of digital transformation services, custom software development, and next-generation technologies, announces today that it will release second quarter 2022 financial results on Thursday, August 11, 2022, after the market close. Management will host a conference call at 4:30 PM ET on the same day to review financial results and provide a business update. Following management's formal remarks, there will be a question-and-answer session. Participants are asked to pre-register for the call. Please note that registered participants will receive their dial-in

IRVING, Texas, May 12, 2022 (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, 2022. First Quarter 2022 Highlights and Results: Revenue increased 19% year-over-year to $44.2 million from $37.2 million in Q1 2021 and increased 5.0% from $42.1 million in Q4 2021Gross margin of 31.3% increased 175 bps from 29.5% in Q1 2021, and 156 bps from 29.7% in Q4 20219 new clients added during the quarterRecord $64.4 million of Total Contract Value, or TCV1.4x Book to Bill ratio in Q1 2022

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