Adtegrity.com Net Income, Revenue Rise
GRAND RAPIDS -- Adtegrity.com (Pink Sheets: ADTY), a Grand Rapids-based company specializing in Internet advertising networks and services, Monday reported net income of $198,692 for the third quarter ended Sept. 30 on revenues of $4.7 million. Both are up from net income of $44,076 on revenues of $2.8 million for the same quarter last year. The numbers reflect a more than quadrupling of net income on a 68 percent rise in revenue for the period.
"We are pleased that we were able to drive both top- and bottom-line growth, despite the fact that the third quarter is historically a slower period for our industry," said Adtegrity.com president and CEO Scott Brew. "As a company, we have been particularly focused on keeping our growth efficient and profitable, and that commitment was reflected in our results for the period."
Adtegrity reported serving more than 46.7 billion ad impressions during the third quarter, generating 51.9 million clicks and 3.3 million conversions for Adtegrity.com clients.
Adtegrity.com's primary business is the delivery of interactive advertising and marketing services. Since its founding in 1999, the company has established itself as a results-driven, customer-focused firm providing consistent quality to the top advertising brands online. Adtegrity currently delivers billions of advertisements across thousands of top-tier websites each month. For more information, visit www.adtegrity.com.
