Cytiva Software Inc., a talent management software vendor, has released audited financial statements for the three-month period ended September 30, 2007.
Third quarter highlights include:
ï 4% EBTDA profit compared to $218k loss in Q306
ï 67% year over year increase in revenue
ï 13th consecutive period of quarter-over-quarter growth
ï 37% year over year increase in deferred revenue
The quarter was highlighted by new customer wins with McNeil Technologies, CafePress and Ocean Spray Cranberries; contract extensions with Mazda and Dyncorp and SonicOnboard onboarding module and SonicVendor vendor management module sales to existing clients like Mazda, TriZetto and Mannkind.
ìDespite volatile financial markets, Cytivaís third quarter results remain consistent,î said Jason Moreau, CEO of Cytiva Software. Strong sales, satisfied customers and SonicRecruit's recurring revenue model continues to fuel Cytiva's impressive results.
The release of audited Q3 financials comes on the heels of news that Cytiva has signed a letter of intent to acquire medical education administration and employee performance management software vendor, one45 software.
Cytiva Software Inc. announces record third quarter
Talent Management Vendor Reports 67% Year-Over Year Growth and Profitability on the Strength of the SonicRecruit Recruiting System
