In-Touch Reports 63% Q3 Revenue Rise

In Canada, In-Touch Insight Systems has reported a 63% increase in revenue to $2.76m in the third quarter, up from $1.69m a year previously.

The Ottawa-based firm - formerly known as In-Touch Survey Systems - provides global customers with hardware and software for market research, operational audits and event marketing. It also offers data capture by phone, web or mobile surveys along with survey design expertise and self-serve data analysis software and support.

Q3 net earnings fell to $197k from $378k in Q3 2010, and adjusted EBITDA also declined, to $376k from $480k.

CEO Michael Gaffney says revenues for Q4 2011 will exceed the firm's original guidance, and predicts revenue growth of about $10m in 2012. He comments: 'Q3 2011 was our seventh consecutive quarter of revenue growth and profitability, and revenues exceeded both original growth targets and our revised guidance. Our business focus on the data capture market, especially mobile applications, is gaining more and more traction.'

Web site: www.intouchinsight.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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