Adtegrity.com Reports Second Quarter Earnings
GRAND RAPIDS -- Adtegrity.com (Pink Sheets: ADTY), a Grand Rapids-based company specializing in Internet advertising networks and services, reported higher net income and revenue for the second quarter ended June 30.
The company's unaudited results included net income of $270,275 for the second quarter on revenues of $4.8 million, compared with net income of $81,883 on revenues of $3.1 million for the same quarter last year.
The numbers reflect a more than tripling of net income on a 55 percent rise in revenue for the period.
"Our results demonstrate that we have been successful in executing on our growth strategy in the midst of a still-unpredictable economy," said Adtegrity.com president and CEO Scott Brew. "It was a solid quarter for both our top and bottom lines. During the period we also invested in expanding our downtown Grand Rapids presence to support additional staff and continued growth. We now have capacity to add as many as 25 additional staff members in the coming years."
Adtegrity reported serving more than 37.5 billion ad impressions during the second quarter, generating 57.1 million clicks and 5.1 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.
