PFSWeb Inc (PFSW)

[pinoleropuro]

PFSW conference call excerpt
«Before we go for questions I just want to reiterate something I said in the opening remarks. The improvements that we’ve made in the eCOST business and the overall strength of our Services business enabled us to achieve profitability in the second quarter but the real excitement in the story lies in the momentum we’re seeing in our business and the positive opportunities available to operate these businesses in a way that will extract the most value for our shareholders. When we conceived the merger, we understood that our know how and world-class infrastructure would give us the best chance of resurrecting the eCOST brand and business. While that transformation is still a work in progress, the momentum is building and we’re now in our third straight quarter of sequential revenue growth and operational improvements at eCOST.

As we continue to breathe new ideas and opportunity into eCOST we see greater opportunities for our vision for growth and profitability to be realized at all levels well above where we are today and we believe that will translate into stronger returns for our shareholders many of which have supported us through a difficult transition.»