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The Write Solution, Inc. Posts Record First Quarter Revenues
Holding Company for EquityPR and CopyStaff Posts Revenue Gain of 19.6%
"We had an outstanding quarterly revenue gain of nearly 20 percent in what everyone considers a tough economic climate," said John Mitchell with The Write Solution, Inc. "We have also seen a substantial increase in customers using our CopyStaff copywriting service."
The company also announced that its amount of bad debt, which increased last year due to the economic climate, dropped nearly 28 percent in the quarter.
"More focus on bed debt has allowed us to translate more revenue down to the bottom line," Mitchell said. "We are very excited about our aggressive growth and continued diversification plan for the remainder of the year."
During the quarter, revenue from copywriting more than tripled from the year ago period while revenue from press releases and distribution was nearly flat. CopyStaff was a main contributor to the increase in revenue from the quarter.
"The launch of CopyStaff helped to generate incremental revenue during the quarter," Mitchell said.
The Write Solution, Inc. is a leading provider of a-la-carte public relations and marketing services worldwide with more than 400 clients in the United States, Canada, Australia and England. It owns EquityPR (www.equitypr.com)
For more information, please check out http://www.equitypr.com or http://www.copystaff.com.
The Write Solution, Inc.