Crowdgather Inc PEHD

CRWG's Aggressive Growth Strategy Sends Strong Mes

[tradebaron]

The company just reported record revenues of $468,296 for the second quarter of fiscal 2012, compared to revenues of $462,925 for the second quarter of fiscal 2011. Sequentially, revenue increased 40 percent and gross profit jumped 108 percent from Q1. Additionally, the revenue figures are comprised entirely of the monetization of CrowdGather’s forum ad inventory and do not include any of the lower margin ad agency revenue from Adisn, which had been recorded in prior quarters. See article and interview w/ ceo https://editorial.equities.com/spotlight-companies/crowdgathers-aggressive-growth-strategy-sends-strong-message-to-booming-market/