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Eyelit saw 80% revenue growth in 2007

04 April 2008 | By Síle Mc Mahon | News > Market Watch

EyelitEyelit, Inc. has revealed the details of a successful 2007, and its eleventh consecutive year of profit, according to the company. The manufacturing software provider’s revenue for 2007 was an 80% improvement on figures for 2006, and the company’s growth has led to a 50% increase in employee numbers.

“This was our best year yet; we exceeded our targets across the board, increasing our revenue, average selling price (ASP), and both geographic and industry expansion,” said CEO Salil Jain. “We are really excited about the opportunities in the solar industry. We are projecting growth and profitability again in 2008, with the first quarter of 2008 expected to be our best quarter thus far. We are aggressively expanding our partnerships and hiring to keep up the growing demand for Eyelit’s products.”

By Síle Mc Mahon 

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