Infotel Announces 2022 Q1 revenue of $74.9M, up 15.3% from Q1 2021
TAMPA, Fla., July 26, 2022 /PRNewswire-PRWeb/ -- Today Infotel Corporation (ISIN code: FR0000071797 – memo: INF), a global software vendor with U.S. offices based in Tampa, FL, announced first quarter software and consultancy revenue for 2022 is up 15.3% from Q1 2021 at $74.9 million.
- The transportation sector stood at 17.7% of revenue while maintaining a high level of operational performance.
- Infotel's software business, Insoft Infotel, posted growth of 6.1% in Q1 2022, including $1.1m in IBM royalties.
- At the cutting edge of technological innovations, Infotel is developing its expertise around two complementary areas of activity: IT services and software publishing.
- With $264.86 million in revenue in 2021, Infotel employs more than 2,800 people.