By Scott Thompson
E-commerce solutions provider, Art Technology Group (ATG) has reported record financial results for the fourth quarter and full year ended December 2009.
Revenue for the fourth quarter grew to $49.7 million, a nine per cent increase over fourth quarter 2008 ($45.4 million). The full year 2009 stood at $179.4 million, compared with 2008 revenue of $164.6 million.
"2009 was another year of record financial results and significant accomplishments for us," says Bob Burke, president and CEO at ATG, whose clients include Tesco, Sears and B&Q. "Revenue and net income were the highest in company history and we signed an impressive roster of new customers throughout the year. Looking ahead to 2010, we are very excited about customer demand as companies continue to invest in e-commerce."