Lawrenceville, NJ: Voxware Inc., a supplier of software for voice-driven warehousing operations, has posted a record first quarter for fiscal 2008, including its third straight quarterly profit and continued increases in revenue for the quarter ended September 30, 2007.
Scott Yetter, Voxware CEO, notes: “We had a strong start to our new fiscal year, with record revenue in our first quarter. Our open, standards-based software is allowing buyers to quickly implement a voice solution and choose the right hardware from the leading manufacturers such as LXE and Motorola.”
Voxware reported revenues of $5.434 million for the quarter ended September 30, 2007, compared to $3.142 million for the same quarter a year ago, an increase of $2.292 million (73%) due primarily to an increase in the numbers of new customers and site implementations.
“Our results underscore the strength of our market, software technology and business strategy. We have again posted a bottom line profit with a consecutive quarterly increase in revenue,” Yetter says. “We are very pleased to see the momentum generated during the prior two quarters continue into our new fiscal year.”
