Accelerize New Media reported a third-quarter swing-to-profit and a 102 percent increase in its average number of clients, which contributed to a 225 percent increase in revenues, year-over-year.
The software-as-a-service (SaaS) platform provider achieved profitability in the third quarter, posting net income of $166,132, compared to a net loss of $244,265 during the year ago period.
Revenues increased to $1.57 year over year as average monthly fees per customer increased 106 percent year-over-year.
In regard to its positive third-quarter performance, Accelerize New Media noted the consistent expansion of its business in the third quarter as it established new clients and partnerships while maintaining prior relationships.
The company’s SaaS platform includes a comprehensive online tracking solution designed for advertisers, featuring real-time reporting and seamless integration API to work with third-party applications. And as a result of its marketing efforts and platform improvements, the company reports that the average number of clients using its Cake Marketing platform more than doubled over the past year.
In June, 2012, the company announced that LegalZoom.com had selected Cake to help power LegalZoom’s affiliate program. In August, Accelerize New Media announced its position as a Rackspace (RAX) Premiere Platinum level partner.
For more information visit www.accelerizenewmedia.com
About QualityStocks
QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. We offer several ways for investors to learn more about investing in these companies as well as find and evaluate them.
Sign up for “The QualityStocks Daily Newsletter” at www.QualityStocks.net
The QualityStocks Daily Blog http://blog.qualitystocks.net
The QualityStocks Video Charts http://videocharts.qualitystocks.net
Please see disclaimer on the QualityStocks website: http://disclaimer.qualitystocks.net
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment