December 9, 2004 — (WEB HOST INDUSTRY REVIEW) — Managed hosting and colocation provider RagingWire Enterprise Solutions (ragingwire.com) said on Wednesday that it had achieved sustainable profitability in September.
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According to Ragingwire, the company has averaged 126 percent fiscal year-over-year revenue growth in the first three and a half years of operations, and added clients at an annual rate of 214 percent since 2001.
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“Reaching profitability is a testament to RES’ solid business model, our strong focus on quality customer service, and commitment to delivering total, end-to-end solutions that fit our clients’ unique business environments,” says George Macricostas, CEO of RES. “As a result, we have a proven track record of working closely with our clients to design and implement cost-effective solutions that are fully aligned with both their IT requirements and top business goals.”
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