LDR Reports Record Growth In Q1 2013
April 8, 2013 at 5:49 AM (PT)
LDR reported record growth during the first quarter of 2013 in terms of new station partners and international expansion. The company added 83 new stations to its client roster, bringing its total customer count to 243 representing a 52% growth rate. In addition, LDR entered two new international markets in the quarter -- SWEDEN and NAMIBIA -- increasing its total overseas footprint to 7 countries. The company's revenue growth in 2012 was exceptionally strong with income doubling in 2012 compared to 2011.
CEO/Co-founder DANIEL ANSTANDIG said, "LDR's first quarter 2013 growth rate -- and the company's 2012 financial performance -- are testament to the revolutionary technology our team has built as well as our strong customer service. We have developed a reputation for providing the best service in the industry. We anticipate tremendous growth for the remainder of 2013, in part because of our international expansion and recent partnership agreement with OXIS MEDIA to represent LDR throughout EUROPE."