Datascension Profit Soars in Q2

Global outsourcing solutions firm Datascension (DSEN) has posted gross profit of $770,877 for the quarter ended June 30, up 178% on the same period in 2008.

The firm is a market research data collection, contact center and business operations provider with headquarters in Las Vegas, Nevada, and operations in Anaheim, California, San Jose and Limon, Costa Rica.

During Q2, the company generated net income of $201, 434, compared with a net loss of $673,891 for the same period last year.

Total net revenues decreased to $3.8m, from $4.7m, a decline of $876,493 or approximately 18.7% year-over-year and a 2.3% sequential increase over the first quarter results.

'In a global economic environment that continues to remain challenging, DSEN delivered solid second-quarter business results,' Chairman and CEO Lou Persico stated.

'We are working through the recession by aggressively controlling costs and driving efficiencies through our operations while continuing to invest for future growth. While we are not immune to the effects of the economy, I am confident in the strength of our business portfolio and soundness of our approach,' he added.

Web site: www.datascension.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.

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