Wednesday, August 3, 2011

Record First Quarter Results Reported by SMTP, Inc. (SMTP)

SMTP, Inc. is a leading provider of cloud-based services to facilitate email deliverability, including bulk and transactional sending, reputation management, compliance auditing, abuse processing and issue resolution. The company’s services provide customers with the ability to increase the deliverability of email with less time, cost and complexity than doing it themselves.

Its service options include dedicated servers or shared servers depending upon application and service level requirements. SMTP’s platform architecture is distributed across multiple data centers for redundancy, consistency and reliability. The company has over 10,000 customers worldwide, ranging from small businesses to large Fortune 500 companies.

The company today announced record results for its quarter ended March 31, 2011. In the first quarter of 2011, SMTP’s net revenues increased 65 percent to $932,258, up from $566,339 in last year’s first quarter. Profit before taxes increased 125 percent to $271,425 from $120,655 in the first quarter of 2010. Net income increased 130 percent to $157,361 from $68,385 in the same period a year ago.

SMTP’s record performance is due to several factors. The company’s chairman and CEO, Semyon Dukach, stated, “Our efforts to improve our marketing and support capabilities over the past several months are beginning to pay off with consistent growth across all our customer segments.”

For additional information on SMTP, please visit the company’s website at www.smtp.com

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