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.

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