PLEASANT HILL, Calif. , May 16, 2017 /PRNewswire/
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Posted On: 05/16/2017 10:37:12 AM
PLEASANT HILL, Calif. , May 16, 2017 /PRNewswire/ -- Textmunication Holdings, Inc.(TXHD) , a cloud-based mobile SMS marketing platform provider, filed its 2017 1st Quarter report on May 15, 2017. Textmunication(TXHD) reported a 259% revenue increase from $88,410 in Q1 2016 to $228,750 in Q1 2017. Gross profit rose from $70,734 in Q1 2016 compared to $155,341 in Q1 2017 – a 220% increase.
The rise in Textmunication's(TXHD) revenue is attributable to an increased client base, new exclusive partnerships and a recently launched SMS White Label program to the fitness and salon verticals. Several new sales initiatives are planned for the remainder of 2017 allowing current and new customers access to Textmunication's(TXHD) GEN 3 software platform scheduled for a late Q2 release. The new platform can send more than 1B texts per month offering clients more functionality and flexibility. It will provide faster API development and open doors to new verticals. The GEN 3 platform will be one of the most scalable SMS platforms in the industry.
"After a strong revenue increase in our recent 10K report, we are thrilled to see our sales momentum carry into 2017", stated Textmunication(TXHD) CEO, Wais Asefi. We are building our software infrastructure to handle the influx of new business and positioning ourselves to be a Tier One SMS provider for years to come."
Communication analysts expect the SMS market to grow from $55B in 2017 to more than $71B by 2021. Mobile marketing is a non-intrusive method of direct communication with a 97% read-rate versus 18% for email marketing.
Text TXHD to shortcode 87365 to sign-up for news alerts and announcements via SMS.
The rise in Textmunication's(TXHD) revenue is attributable to an increased client base, new exclusive partnerships and a recently launched SMS White Label program to the fitness and salon verticals. Several new sales initiatives are planned for the remainder of 2017 allowing current and new customers access to Textmunication's(TXHD) GEN 3 software platform scheduled for a late Q2 release. The new platform can send more than 1B texts per month offering clients more functionality and flexibility. It will provide faster API development and open doors to new verticals. The GEN 3 platform will be one of the most scalable SMS platforms in the industry.
"After a strong revenue increase in our recent 10K report, we are thrilled to see our sales momentum carry into 2017", stated Textmunication(TXHD) CEO, Wais Asefi. We are building our software infrastructure to handle the influx of new business and positioning ourselves to be a Tier One SMS provider for years to come."
Communication analysts expect the SMS market to grow from $55B in 2017 to more than $71B by 2021. Mobile marketing is a non-intrusive method of direct communication with a 97% read-rate versus 18% for email marketing.
Text TXHD to shortcode 87365 to sign-up for news alerts and announcements via SMS.
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