Unifed communications solutions specialist, Cleartronic, Inc., announced yesterday its third quarter results for 2009. The company provides communication solutions through its wholly owned subsidiary, VoiceInterop, Inc.
Revenues over the three-month span ending June 30, 2009 were listed at $532,213, significantly higher than the $11,966 reported in the same period last year.
Revenues for the nine-month period ending June 30, 2009 also increased substantially. The company reported $1,593,395 in revenues for the period, higher than the previous year’s revenues of $254,555.
The company reduced third quarter operating expenses by more than 60% from those incurred in 2008’s third quarter. Additionally, the operating expenses were reduced by almost 50% for the first nine months as compared to the same period a year earlier. The company achieved lower operating costs through more efficient sales and marketing spending and aggressive reductions in administrative expenses.
Larry Reid, CEO of Cleartronic, stated, “Execution of our business strategy continues to work as we head toward profitability. Our steadily improving results reflect management’s efforts in developing new products and solutions in addition to reducing expenses.”