AgileThought Announces Second Half 2021 Revenue Outlook

AgileThought Announces Second Half 2021 Revenue Outlook

AgileThought, a global provider of digital transformation services, custom software development, and next generation technologies, today announced its revenue outlook for the second half of 2021.

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Manuel Senderos, Chief Executive Officer of AgileThought, said, “We are pleased with our second quarter 2021 financial results, which demonstrated strong momentum with sequential quarter-over-quarter revenue growth of 4.6%. As we look at the balance of the year, we expect revenue in the third quarter in the range of $40.2 million to $40.9 million, or growth of 3.3% to 5.0% as compared to the second quarter. In addition, we expect revenue in the fourth quarter to be in the range of $42.5 million to $43.5 million, or growth of 5.6% to 6.5% as compared to the third quarter, or growth of 23.2% to 26.3% as compared to the fourth quarter of 2020. Consequently, for the full year 2021, we now expect revenue in the range of $158.9 million to $160.6 million.”

Mr. Senderos continued, “There is a significant digital transformation market opportunity ahead of us, and we believe AgileThought is well-positioned with our focus on delivering the most agile digital solutions to our customers, leveraging our deep domain expertise and unique nearshore delivery model. We remain confident in our growth strategy and we are planning for sustained 20% annual organic revenue growth over the longer term.”

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