In-Touch Survey Systems (TSXV:INX) Reported Record Financial Results for 3rd Quarter - Video News Alert on InvestmentPitch.com
(Thomson Reuters ONE) -
Vancouver, British Columbia, November 25, 2013 -. In-Touch Survey Systems
(TSXV:INX) has reported record financial results for the 3rd quarter ending
September 30, 2013. Revenue for the quarter was $3.32 million, up 20% from $2.76
million in the same quarter in 2012. Net income before taxes came in at $505,307
an increase of 43% from the $353,915 reported in the same quarter in 2012.
InvestmentPitch.com has produced a "video news alert" about In-Touch Survey
Systems based on this news. If this link is not enabled, please visit
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Additional revenue from the new GSC product line and an increase in the gross
margin were the main contributors to the higher income.
In-Touch Survey Systems does business as In-Touch Insight Systems, Service
Intelligence and In-Touch Public Sector Group.
The company has developed comprehensive software platforms that provide for the
rapid development of data collection programs including mystery shopping
programs, mobile forms creations and real-time online reporting. The In-Touch
Public Sector Group provides five service verticals for public sector customers,
Mobile Strategy, Accounts Service, Web Presence Renewal, Client Scorecard, and
Consulting Services, for business transformation.
Michael Gaffney, Executive Chairman stated, "We are pleased to report the
highest quarterly revenues, quarterly net income and quarterly EBITDA in the
Company's history. The Company will continue to invest in product development
and marketing because we expect significant changes in our current markets with
historical customers dropping off older programs and moving to newer solutions."
The company currently trades at $0.23 and with 14.9 million shares outstanding,
is capitalized at $3.4 million. For a more information, please visit the
company`s website at www.intouchinsight.com, phone George Pretli at
613-270-7916 or email gpretli(at)intouchsurvey.com.
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Unternehmensinformation / Kurzprofil:
Datum: 25.11.2013 - 16:10 Uhr
Sprache: Deutsch
News-ID 320130
Anzahl Zeichen: 3324
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Kategorie:
Business News
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