Innovest Global Inc. Reports $388K In Mid-Quarter Revenue Ahead Of Estimates By 55%
By GlobeNewswire
Feb 20, 2018 7:50 AM EST
CLEVELAND, Ohio, Feb. 20, 2018 (GLOBE NEWSWIRE) -- Innovest Global Inc. (OTC PINK:IVST) unofficial internal sales reporting is $388K through the first half of Q1, 2018. This beats management's baseline targets previously announced, by 55% and highlights increasingly larger contracts are successfully impacting sales.
Sales are a result of Innovest's first efforts since the acquisitions, which are sales to commercial and industrial clients in the areas of energy, durable goods, and call center services. The February letter to Shareholders noted that increasingly larger proposals may have the potential to boost baseline sales, and that is already proving true.
In addition, combined lighting and call center bids outstanding of $1.5 million are the greatest either entity has experienced prior to being under the Innovest umbrella. "As happy as I am about how well our team has gelled, and our sales results, I'm even happier with the positive response from our clients. That's a great testament to the professionalism and excellence of our team," said Dan Martin, CEO of Innovest Global, referring to the big names and exceptional reviews in their family of clients.
Past clients have included University of Louisiana, University Hospitals, Iowa Department of Transportation, Houston Metro, Tarkette, professional sports organizations, and several other notable organizations. Staff have received many written notes of thanks. These will be posted from time to time on Twitter.
Look for much more information to come soon. As noted consistently, the company will increasingly use Twitter, which can be accessed both on Twitter @innovestglobal and on the front page of our website www.innovestglobal.com , for important company updates. This includes information that may be material, so please follow us and visit our website regularly! For more information on Innovest contact info@innovestglobal.com, or call Innovest investor Relations Matt Rego at 216.815.1122. http://www.innovestglobal.com
Safe Harbor Statement: This news release contains "forward-looking statements", which are statements that are not purely historical and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Such forward-looking statements include, among other things, the development, costs and results of new business opportunities. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with new projects and development stage companies. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that any beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that any such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the most recent fiscal year, our quarterly reports on Form 10-Q and other periodic reports filed from time-to-time with the Securities and
Exchange Commission.
For more information on Innovest Investor Relations, Spotlight Growth, please visit http://www.SpotlightGrowth.com and http://www.Corporate.SpotlightGrowth.com.
You can also follow on social media:Innovest Twitter: https://twitter.com/InnovestGlobal Spotlight Growth Twitter: https://twitter.com/SpotlightGrowthSpotlight Growth Facebook: https://facebook.com/Spotlight-Growth-103630363712364/Spotlight Growth LinkedIn: https://www.linkedin.com/in/spotlight-growth-732ba1147Spotlight Growth Instagram: https://www.instagram.com/spotlight_growth/
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