GRAND RAPIDS – Internet advertising agency Adtegrity.com reported a 110 percent increase in third quarter net income on a 7 percent increase in revenue.
Adtegrity’s unaudited results included net income of $419,215 for the 2013 third quarter on revenues of $5.03 million, compared with net income of $198,692 on revenues of $4.7 million for the same quarter last year.
“After spending significant time earlier this year on marketing and training upgrades, we expanded our employee count to 39 individuals, including increasing our inside sales force by 80 percent at the beginning of the fourth quarter,” said Adtegrity.com President and CEO Scott Brew. “We hope to see continued expansion of that team along with the resulting revenue growth as the new team gets up to speed.”
Ad impressions for the third quarter increased 73.7 percent versus the second quarter. Adtegrity reported serving more than 106 billion ad impressions during the third quarter, resulting in 56.9 million clicks and 3.3 million conversions for Adtegrity.com advertisers.
