RMH Reports Quarterly Profit, Yearly Loss

Share this content:
RMH Teleservices posted a $321,000 profit during the three months that ended Sept. 30 but recorded a $7.7 million net loss for the fiscal year.

CEO John Fellows said he was pleased with RMH Teleservices' performance during the teleservices agency's fiscal fourth quarter. Inbound teleservices grew to $64 million, or 46 percent of the company's total revenues during the quarter, compared with $27 million, or 18 percent of the company's total revenues during the same period in 2000.

The company said it has had success diversifying its client base during fiscal 2001 despite the net loss of income on the year. Its newest segments, transportation/logistics and technology, both saw growth during the fiscal fourth quarter.

RMH Teleservices, Bryn Mawr, PA, is projecting revenues of $250 million to $275 million during the 2002 fiscal year. The company is transitioning from a primarily outbound telemarketing company to an inbound customer service provider, Fellows said.


Next Article in Data/Analytics

Sign up to our newsletters

Company of the Week

Brightcove is the world's leading video platform. The most innovative and respected brands confidently rely on Brightcove to solve their most demanding communication challenges because of the unmatched performance and flexibility of our platform, our global scale and reliability, and our award-winning service. With thousands of customers and an industry-leading suite of cloud video products, Brightcove enables customers to drive compelling business results.

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