OutStart announced it achieved its seventh consecutive quarter of strong operating profits and a positive cash flow. Additionally, revenues from new customers were up 50 percent over the same period last year.
"The third quarter results are right on target," said Massood Zarrabian, president and CEO of OutStart. "We have sizable orders from existing customers and an impressive list of new customers in the quarter. The results show that we are delivering solutions that businesses need to empower customers, partners and employees with the learning and knowledge they require. As always, we thank them for their ongoing support and business."
"I am very pleased with our financial performance and increasing financial strength through the summer months," said Dan Kossmann, OutStart's CFO. "OutStart's employees and managers are working very hard to build great products, attract new customers and to assure that our existing clients are successful. This hard work is reflected in our strong and steadily improving performance metrics."
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