SouthPeak posts Q3 revenue growth

By Mike, Monday, 18 May 2009 11:30 GMT

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SouthPeak Interactive posted its Q3 revenues today showing a substantial Y-o-Y increase.

Revenues jumped from $2.2 million to $13.5 million, while profit rose $20,000 last year, to $289,000 this year.

“The successful execution of our business plan during the post holiday season is exemplified by our strong growth in the third quarter, with sales reaching USD 13.5 million,” said Terry Phillips, chairman of SouthPeak.

More over at GI.

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