PALM CITY, Fla., Nov. 17, 2015 (GLOBE NEWSWIRE) -- CPSM, Inc. (OTC Pink SWMM) (PINKSHEETS:SWMM) the Florida based pool & spa industry aggregator today released results for another record quarter.
CPSM, Inc. reported revenue of more than $1.1million for the quarter, an increase of 30% over prior year third quarter while gross profits exceeded 33%. For the nine months, CPSM has reported more than $2.9 million in revenue an increase of more than 14% over the first nine months of 2014.
Lawrence Calarco, Chairman of CPSM, Inc., commented, “Our third quarter results were exceptional. The new plastering division is refining its operations and contributing results above expectations. We are now ready to initiate our expansion plans and are reviewing several opportunities. The fourth quarter is building quickly and expenses are falling in line. While there is always room to improve, the Company is progressing faster than projected having already surpassed the comparative results for 2014.”
CPSM, Inc. is a publicly held company serving the surging pool / spa maintenance, design, and construction industry in Florida.
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