SupportSave Solutions announced recently that its revenue increased to $211,305 for the three months ended November 30, 2007 from $113,914 for the three months ended August 31, 2007; an 85% increase. Net income increased 85% as well as it increased from $21,819 to $40,278.
The CEO of the Company, Christopher Johns commented, “This has been a quarter of significant ramp up for us, and the numbers clearly support our business model of providing affordable BPO services to the relatively underserved small- to mid-size business market. In only three months, revenue and net income increased eighty-five percent, thereby significantly surpassing our projected growth of 10-20% month-over-month for the quarter.”
He continued, “The company’s top-line growth reflects some important developments and business opportunities that occurred over the quarter. First, we expanded and extended our agreement with one of our leading clients. The thirty-six-month agreement includes BPO services for forty full-time equivalent employees with a potential value of $1 million. This contract marks the company’s largest one to date and signifies yet another vote of confidence in our model and services. In addition to organic growth from our current client base, we also continue to broaden our client base.”
In conclusion he stated, “Overall, we are extremely pleased with our financial performance this quarter and look forward to continued growth from both existing and new clients. We remain on track to achieve 10-20% month-over-month growth for at least the next two quarters, and we are pleased with our progress thus far.”
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