Boundless Network Posts Record Quarter
Experiences 23% Growth In Revenue
Counselor Top 40 distributor Boundless Network (asi/143717) announced last week that it had record results for both revenues and bookings in the first quarter of 2013. The company experienced a 23% increase in revenue and 27% increase in bookings in the first three months of 2013. This marks the eighth consecutive year that Boundless Network has achieved significant levels of quarter-over-quarter growth.
In a statement, Boundless Network CEO Jason Black said he’s looking forward to future growth for the company. “We are very pleased with the company’s performance in Q1, yet remain bullish on the opportunity to capitalize on a more technology-enabled market,” Black said. “This year we are focused on expanding both our technology offering and partnering with sales professionals that identify with our value proposition. In the last 12 months we’ve had over 30 sales partners join our team to leverage our online-offline approach to the industry.”
Founded in 2005, Boundless Network recently reported $53 million in 2012 North American ad specialty sales. The result ranks the company within the second half of the 2013 Top 40, which will officially be released in July.