Textmunication Holdings, Inc. Releases Q2 Report A
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Posted On: 08/16/2018 2:53:19 PM
Textmunication Holdings, Inc. Releases Q2 Report And Blueprint For Growth:
PLEASANT HILL, CA, Aug. 16, 2018 (GLOBE NEWSWIRE) -- Textmunication Holdings, Inc. (OTC PINK: TXHD), a cloud-based mobile SMS marketing platform provider, released its Q2 2018 report with revenues reaching $491,124 for the six months ending June 30, 2018. Textmunication is projecting a year-end revenue run-rate of $1.4 million. The Silicon Valley-based firm provides mobile marketing services including Application Programming Interfaces (APIs) and automated SMS (AutoSMS) solutions for health clubs, beauty salons, entertainment and hospitality sectors. Textmunication concluded its share structure reorganization on July 9th by reducing its Outstanding Share count to 3,975,519.
Textmunication held its first advisory meeting last week with a focus on expansion into new markets, developing Rich Communication Services (RCS) and adding an artificial intelligence layer to its Smart Automated Messaging (SAM) platform. CIOReview recognized Textmunication and SAM with its “Top 20 Most Innovative Digital Marketing Providers of 2018”. The meeting also focused on technology collaboration with the advisor’s network which includes mobile video, social media and software firms.
Textmunication has built an advanced “Communication Platform as a Service” (CPaaS) backbone enabling developers to add real-time communication features in their own applications without needing to build backend infrastructure and interfaces. Textmunication is also working to develop “Messaging as a Platform” (MaaP). A MaaP platform combines advanced messaging with standardized interfaces to plugins creating a richer experience for consumers, such as RCS. Textmunication is targeting its RCS solution for early 2019.
The company has one of the broadest SMS offerings in the industry by not only offering APIs to third-party developers, but also automated mobile marketing solutions for businesses aimed at engagement, retention and loyalty to its customers. Studies have shown SMS has the highest response rate of any communication channel with read-rates that are 6-8 times higher than email marketing.
“We spent a good portion of Q2 moving clients from our legacy platform to our new generation platform and completing our company restructuring plan,”, stated Textmunication CEO, Wais Asefi. While Q2 was a transitional period for us, we can now focus on delivering four new software integrations with Club Management Software partners which will increase revenue opportunities and position Textmunication in the top tier of mobile communication providers.”
https://www.nasdaq.com/press-release/textmuni...0816-00434
PLEASANT HILL, CA, Aug. 16, 2018 (GLOBE NEWSWIRE) -- Textmunication Holdings, Inc. (OTC PINK: TXHD), a cloud-based mobile SMS marketing platform provider, released its Q2 2018 report with revenues reaching $491,124 for the six months ending June 30, 2018. Textmunication is projecting a year-end revenue run-rate of $1.4 million. The Silicon Valley-based firm provides mobile marketing services including Application Programming Interfaces (APIs) and automated SMS (AutoSMS) solutions for health clubs, beauty salons, entertainment and hospitality sectors. Textmunication concluded its share structure reorganization on July 9th by reducing its Outstanding Share count to 3,975,519.
Textmunication held its first advisory meeting last week with a focus on expansion into new markets, developing Rich Communication Services (RCS) and adding an artificial intelligence layer to its Smart Automated Messaging (SAM) platform. CIOReview recognized Textmunication and SAM with its “Top 20 Most Innovative Digital Marketing Providers of 2018”. The meeting also focused on technology collaboration with the advisor’s network which includes mobile video, social media and software firms.
Textmunication has built an advanced “Communication Platform as a Service” (CPaaS) backbone enabling developers to add real-time communication features in their own applications without needing to build backend infrastructure and interfaces. Textmunication is also working to develop “Messaging as a Platform” (MaaP). A MaaP platform combines advanced messaging with standardized interfaces to plugins creating a richer experience for consumers, such as RCS. Textmunication is targeting its RCS solution for early 2019.
The company has one of the broadest SMS offerings in the industry by not only offering APIs to third-party developers, but also automated mobile marketing solutions for businesses aimed at engagement, retention and loyalty to its customers. Studies have shown SMS has the highest response rate of any communication channel with read-rates that are 6-8 times higher than email marketing.
“We spent a good portion of Q2 moving clients from our legacy platform to our new generation platform and completing our company restructuring plan,”, stated Textmunication CEO, Wais Asefi. While Q2 was a transitional period for us, we can now focus on delivering four new software integrations with Club Management Software partners which will increase revenue opportunities and position Textmunication in the top tier of mobile communication providers.”
https://www.nasdaq.com/press-release/textmuni...0816-00434
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