Quest Solution, Inc. Provides Preview for 3rd Qua
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Posted On: 10/29/2014 10:16:02 AM
Quest Solution, Inc. Provides Preview for 3rd Quarter, Exceeds $9 Million in Revenue for the Period
HENDERSON, Nev., Oct 29, 2014 (GLOBE NEWSWIRE via COMTEX) --
via PRWEB - Quest Solution, Inc, "The Company" QUES, +9.50% is pleased to provide a revenue preview for the third quarter ending September 30, 2014. The full 10-Q filing will be available on the SEC's website: http://www.sec.gov on or before November 14, 2014.
The Company expects to report in excess of $9 million in revenue for the period as compared to the same period in 2013 when the Company reported approximately $7.8 million in revenue. Revenue totals have increased over 70% from two years ago and adjusted gross margin has increased over 18% from Q3 2013 to date.
"With all of the consolidation of major manufacturers in this market, we have maintained high levels of performance well above industry norms," stated Kurt Thomet, President, Quest Solution, Inc. "We have great people, superior software and professional processes which propel our continued growth.
Additionally, we are working on fine tuning our marketing and customer penetration strategies with our own sales teams and with larger, better funded field sales organizations of our strategic hardware and distribution partners."
"I am also pleased to report that our growth has come from both new customers and existing long term multi year customers. Our number of major well known corporations with whom we do business has increased and our strategy of going deeper and wider inside our customer base is resulting in great new projects " added Thomet.
For a Quest Solution Investor Presentation please visit:
http://questsolution.com/investors.html
For more information http://www.QuestSolution.com
For a two minute video:
http://www.youtube.com/watch?feature=player_e...Iy2U5Ja-Fc
HENDERSON, Nev., Oct 29, 2014 (GLOBE NEWSWIRE via COMTEX) --
via PRWEB - Quest Solution, Inc, "The Company" QUES, +9.50% is pleased to provide a revenue preview for the third quarter ending September 30, 2014. The full 10-Q filing will be available on the SEC's website: http://www.sec.gov on or before November 14, 2014.
The Company expects to report in excess of $9 million in revenue for the period as compared to the same period in 2013 when the Company reported approximately $7.8 million in revenue. Revenue totals have increased over 70% from two years ago and adjusted gross margin has increased over 18% from Q3 2013 to date.
"With all of the consolidation of major manufacturers in this market, we have maintained high levels of performance well above industry norms," stated Kurt Thomet, President, Quest Solution, Inc. "We have great people, superior software and professional processes which propel our continued growth.
Additionally, we are working on fine tuning our marketing and customer penetration strategies with our own sales teams and with larger, better funded field sales organizations of our strategic hardware and distribution partners."
"I am also pleased to report that our growth has come from both new customers and existing long term multi year customers. Our number of major well known corporations with whom we do business has increased and our strategy of going deeper and wider inside our customer base is resulting in great new projects " added Thomet.
For a Quest Solution Investor Presentation please visit:
http://questsolution.com/investors.html
For more information http://www.QuestSolution.com
For a two minute video:
http://www.youtube.com/watch?feature=player_e...Iy2U5Ja-Fc
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