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Sunday, July 09, 2017 9:37:22 AM
PLEASANT HILL, Calif., May 16, 2017 /PRNewswire/ -- Textmunication Holdings, Inc. (OTC-PINK: TXHD), a cloud-based mobile SMS marketing platform provider, filed its 2017 1st Quarter report on May 15, 2017. Textmunication reported a 259% revenue increase from $88,410 in Q1 2016 to $228,750 in Q1 2017. Gross profit rose from $70,734 in Q1 2016 compared to $155,341 in Q1 2017 – a 220% increase.
The rise in Textmunication's revenue is attributable to an increased client base, new exclusive partnerships and a recently launched SMS White Label program to the fitness and salon verticals. Several new sales initiatives are planned for the remainder of 2017 allowing current and new customers access to Textmunication's GEN 3 software platform scheduled for a late Q2 release. The new platform can send more than 1B texts per month offering clients more functionality and flexibility. It will provide faster API development and open doors to new verticals. The GEN 3 platform will be one of the most scalable SMS platforms in the industry.
Patience. TXHD
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