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Managed Hosting and Infrastructure Services Provider VeriCenter, Inc. Increases Annual Revenues by 26% |
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January 13, 2007 – (HOSTSEARCH.COM) – Managed hosting and infrastructure services provider VeriCenter, Inc. (http://www.vericenter.com) has increased annual revenues by 26%, the company announced recently. This is the 26th consecutive quarter they have registered revenue growth.
VeriCenter revenues totaled $63.4 million in 2006 with fourth quarter revenue of $17.2 million up 6% over third quarter results. The company’s success was “entirely from organic sales growth”.
"2006 was another strong growth year for VeriCenter. Our 26% revenue increase came entirely from organic sales growth," said VeriCenter, Inc.’s CEO and President, Mr. Gray Hall. "Our fourth quarter was particularly strong. In December we reached an annual revenue run-rate of $70 million. In our recurring-revenue business, it is exciting to reach the $70 million threshold. We look forward to further growth from this level." |
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