PROVIDENCE — Software Quality Associates, LLC, of Providence, announced that
first quarter revenue surpassed $3.8 million, a 188 percent increase over the
first quarter of 2000, and the sixth consecutive quarter the company has posted
a revenue increase.
Norman Kelly, president and chief executive officer, said he was very pleased with first quarter results, attributing the company’s continued success to an expanding client base of strong technology companies. “Our success has been self generating,” said Kelly. “Our focus on the software quality assurance market has enabled us to attract talented QA professionals who have produced very effective business results for our clients. This in turn has increased client demand for our services.”
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Despite this first quarter achievement, Software Quality Associates recently reduced its original growth projections for 2001. It also put on hold some expansion and diversification plans.
