This has been another strong quarter for us. In our last quarterly report we estimated that our revenues would grow by 52% and head count to increase by 32%. This quarter we’ve beaten our own expectation by growing 67% in terms of revenue. Our head count has increased by 25% and not 32%, however, this points to our efficient operational management rather than lack of growth.
The key event this quarter has been our key client acquisitions in German market. We have aggressively moved in German market and acquired customers ranging from automobile industry to print/advertising industry. We are also done to launch our German arm in this quarter. More details on this can be found here.
Our outlook for Q3 is that we expect to grow our revenues by 70% and head count by 50%. Also we expect to make our projects smoother with our German clients. We are also aggressively pursuing a few cutting-edge products and will be releasing them end of this quarter.
