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Tuesday, February 12, 2019 10:11:57 AM
IRVINE, Calif., Feb. 12, 2019 /PRNewswire/ -- Infinite Software Corporation( OTCPink: IFSC) a global Software and Services Provider, has announced today that it has released its 4th Quarter Results.
Infinite Software Corporation has released its 4th Quarter, 2018 results. The company's revenues in the 4th quarter of 2018 have increased to $472,313.70 from $73,000 in the previous quarter and net income increased to $135,920.54 from $28.00. Infinite Software has also produced improved cash flow. The company generated $74,436.52 in positive cash balances against a negative cash balance in the 3rd quarter of $ -7,887.88.
"Infinite Software began marketing its software products and generating revenue in the 3rd quarter and is in the process of building its client base using its proprietary technology. We have begun to see the results of these activities in the numbers we are releasing today which represent the 4th quarter of 2018," said Raquela Kaplan, Marketing Director, Infinite Software Corporation.
To learn more about Infinite Software Corporation , please visit www.infinitesoftware.com
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