In-Touch with higher numbers

Tech-based survey products maker In-Touch Survey Systems Ltd. earns $164,749 in Q3 on revenue of $1.4 million. The company says that increased orders from several top US customers made for the improved numbers. In its third quarter last year, In-Touch posted net income of just $1,037 on revenue less than half that of Q3, 2007. “New US-based customers were a major reason for the strong sales growth,” says In-Touch CEO Michael Gaffney. “These customers provide a significant opportunity for In-Touch to grow sales over the next few years. Becoming a major supplier to these Fortune 500 customers also validates our investment in our software and hardware technology.” The company expects full-year revenue of $4.8 million to $5 million, and a 40% increase in sales for fiscal 2008.

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