Sitebrand sales up, losses shrunk in Q1

GATINEAU, QC – Online marketing solutions firm Sitebrand Inc. continues a five-year trend of double Sitebrand-cropped.pngdigit growth, posting revenue of $596,406 in its first quarter of fiscal 2009, an 18% increase above the corresponding period last year. Net loss for the period narrowed considerably, from $507,069 in Q1 2008 to $152,644, a 70% improvement. Says Justin Shimoon, founder and CEO: “Sitebrand continues to improve its financial performance by re-aligning its cost structure to the economic climate while continuing to grow revenues, resulting in the smallest quarterly net loss in the past two years.” Click here for more information.

Submit a comment

Please leave your name, which will be used to sign your submission to the SCANsite. Thanks for contributing your thoughts. Come back again. Tony Patterson, Editor & CEO.

© 2006 - 2009 SCAN
INTEGRITY INTELLIGENCE INFORMATION
Site by Citadel Rock
SCAN