GRAND RAPIDS – The long depressed Internet advertising market continues to show signs of a turn around reflected in the seventh consecutive quarterly profit posted by Adtegrity. Com, one of the nations Top 10 advertising network companies.
For the three months ended March 31, Adtegrity.com reported a net profit of $140,404 on total net revenues of $1.7 million for the first quarter, compared with net income of $36,620 on total net revenues of $1.06 million for the same period last year.
Adtegrity said its results reflect continued success in securing favorable rates for its network ads and the overall recovery of the online advertising market. The company also cited larger budgets at advertising agencies and direct clients as driving revenue growth.
“We are pleased with our results for the period and the momentum we’ve established over the past two years,” said Adtegrity.com CEO Scott Brew. “Our operation has continued to grow while remaining efficient and focused on the bottom line. We continue to believe Adtegrity is one of the best-positioned companies in our industry and look forward to making the most of the opportunities we see in the marketplace.”
Adtegrity.com’s primary business is the delivery of interactive advertising and marketing services. The company currently has more than 250 website clients under contract and delivers more than 1.3 billion monthly banner impressions across several vertical content networks. It ranks among the top 10 ad networks in the industry for size. The Company also provides management services for clients seeking to drive traffic, sales, or users to their website.
