Transfinder Reports Record Revenue Growth in First Half of 2014

Transfinder achieved a record-breaking second quarter in sales to existing clients. President and CEO Antonio Civitella said exceptional service was a leading factor in sales growth in the first half of 2014.

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“Everyone in the company is committed to delivering the best possible service to clients as quickly and thoroughly as possible. It’s our industry-leading service that makes us stand out from everyone else,” said President and CEO Antonio Civitella.

Schenectady, New York (PRWEB) July 31, 2014

Transfinder, a software company based in Schenectady, N.Y., achieved record revenue for the first half of 2014.

Total sales were up 23 percent year-over-year for the first six months ended June 30, 2014. President and CEO Antonio Civitella said he expected Transfinder to beat last year’s record-revenue mark of $8.6 million, adding that the company was poised to surpass $10 million in revenue for the year. 2013 marked the 14th consecutive record-breaking year.

“Everyone in the company is committed to delivering the best possible service to clients as quickly and thoroughly as possible,” Civitella said. “It’s our industry-leading service that makes us stand out from everyone else.”

Driving overall revenue growth for the first half of 2014 was sales to existing clients, which increased 43 percent year-over year.

Other highlights:

  •     105 new customers, with more than 50 percent leaving competitors’ products for Transfinder;
  •     Expanded customer base beyond school districts to include the Center for Disability Services;
  •     Record attendance for its Annual Client Summit, which was held in Albany, N.Y., in May. More than 210 people from 33 states, Canada and the UK.

Civitella said he was pleased by the results for the first six months of 2014, noting that he presented his sales team with lofty expectations that they not only met but surpassed.

About Transfinder
Founded in 1988 and headquartered in Schenectady, New York, Transfinder is a national leader in intelligent transportation systems, providing transportation management systems and services to school districts and adult care facilities. Transfinder, an Inc. magazine “fastest-growing company” list for the past eight straight years, offers routing and scheduling solutions for optimal transportation logistics. For more information, visit http://www.transfinder.com.

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