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Friday, August 14, 2020 6:00:44 PM
"Like all companies we have been impacted by the global COVID-19 pandemic, but we are fortunate in that we have already experienced a recent increase in business activity from our customers, commented, Geordan Pursglove, Beyond Commerce's Chief Executive Officer. "No revenue was actually lost, as a few customers paused their business, but concurrently extended their contracts with us. Additionally, the slowdown and pause with some customers allowed our team to continue to improve operating efficiencies with Service 800 and sharpen the focus of our business and strategic vision. We continue on our path of complementary acquisitions, as exemplified by our recently announced definitive agreement to acquire E.G. Insight. Our pipeline of additional acquisitions remains robust and our team is busy analyzing various opportunities. We believe that our high margined revenue demonstrates our business model's ability to generate profitable growth. I couldn't be more personally excited about our future and believe we are well-positioned for future success."
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