Group 1 Software Reports Record Revenues for Year

Share this content:
Group 1 Software, Lanham, MD, recently reported record revenues of $61 million for the year ended March 31, compared with $54.5 million for the previous year.

Net earnings for the year were $1.4 million, or $0.33 per share, compared with a net loss of $1.6 million, or $0.38 per share, for the previous year.

The provider of software for mailing, database marketing and electronic document systems also reported a record revenue of $17.9 million for the fourth quarter ended March 31, compared with $16.1 million last year. Net earnings for the quarter were $1.2 million, or $0.28 per share, compared with a net loss of $2.2 million, or $0.52 per share, last year.

According to Group 1, the company's revenue growth primarily was derived from increases in sales of its DOC 1 electronic document system software and database marketing products. The increase in net earnings for the year came from the increased revenues partially offset by increases in operating expenses.

Next Article in Data/Analytics

Sign up to our newsletters

Company of the Week

USAData helps businesses find new customers and grow their current customers through a combination of data and digital marketing services, and easy-to-use SaaS technology products. We enrich customer data so businesses can more effectively target and communicate with customers, and connect them with their best look-alike prospects through digital and traditional channels. We make it easy through simple, self-serve applications and APIs, as well as through full-service programs managed by our Data and Digital experts. 

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above