Boston, MA 08/14/2014 (wallstreetpr) – LiveDeal Inc (NASDAQ:LIVE),a well-known mobile marketing platform that lets restaurants post their latest offers and discounts for customers has reported financial results for Q3 fiscal 2014. According to reports, the net hike in net revenues for Q3 is as much as 340%.
Details of Q3 Fiscal 2014 Ended June 30th, 2014:
When reporters asked from Jon Isaac, Chief Executive Officer of LiveDeal Inc (NASDAQ:LIVE) to comment on Q3 financials, he said,” During those three months, we did many acquisitions, performed extremely well and added new customer base which boosted our revenues a big time.” According to reports, LIVE has a current cash position of approximate $1 million as of June 30, 2014. The net hike in revenues from the fiscal year that ended in September till Q3 2014 was recorded as much as 340%. Total assets of the company grew by $12 million during the same time.
On the basis of recent trends that company has followed, market experts call it a valuable option for investment. Jon looked extremely happy while announcing the results. He said, “We are on the right track in terms of performance. In the future, we will make sure that our capital is invested ideally to generate maximum market returns.” The company seeks to be a market leader in its domain, and the management of LiveDeal Inc (NASDAQ:LIVE) is quite devoted to seeing that coming in near future time.
When LiveDeal Inc (NASDAQ:LIVE) was started as a marketing solution provider company, no one expected it to come this far. Today it doesn’t only provide solutions to grow online visibility, but also provide a decent platform to all the restaurants to share the latest offers. With the help of LIVE mobile app, customers can know what’s new in the restaurants in nearby areas. The company is planning to expand its services in the near future to offer better solutions to all the customers.
