Entering text into the input field will update the search result below

Nexus Enterprise Solutions, Inc. (NXES) CEO Reports Strong Third Quarter Growth

Jan. 23, 2014 11:46 AM ETNXES
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Nexus Enterprise Solutions is a publicly traded company that provides big data technology solutions focused on B2B lead generation services for major national brands.

In a letter to shareholders last week, CEO James Bayardelle reported third quarter results that showed continued solid growth-34% from the second quarter. He attributes the rapid ascent of Nexus as one of the primary providers of qualified leads for the nation's largest insurance companies to NexChange Marketplace℠, which is one of the only viable enterprise-level platforms for managing the supply chain between lead sources and their buyers in the rapidly consolidating lead generation industry.

"First and foremost, we are a technology company," Bavardelle wrote. "The majority of our employees are skilled programmers who work every single day managing large database sets, refining the code of our proprietary NexChange Marketplace℠ platform, implementing modifications necessary to meet strict federal compliance standards and integrating the legacy code of our growing client base into our systems."

To both shareholders and prospective shareholders, the CEO suggested that Nexus had positioned itself well, in terms of a sustainable and scalable business model.

"Even when accounting for seasonal fluctuations in client spending allocations, Nexus has demonstrated its ability to sustain robust annualized revenue growth," he wrote. "We have a reasonable expectation we will be able to continue producing significant annual sales growth as our client base of lead buyers continues to expand every month."

Having already secured a reputation as having the highest quality leads for the Auto Insurance sector, Nexus is expanding into new verticals with a move into Life Insurance already in progress. With its primary build-out expenditures made, Nexus is now positioned to leverage its lower fixed infrastructure costs and current rapid revenue growth to clone their services in a succession of additional lucrative verticals, including Health Insurance, Home Renters Insurance, Payday Loans and Educational Institutions.

Both the Nexus CEO and management team feel that Nexus is currently poised to capitalize on their relatively fixed infrastructure costs to grow their profit margins as they expand into additional verticals and increase their revenues. For more information about Nexus Enterprise Solutions, visit the website at nexusenterprisesolutions.com.

QualityStocks provides investor relations services to publicly traded companies in exchange for compensation. This article may be part of our efforts to widen a client's exposure. To read our full disclaimer, visit http://disclaimer.qualitystocks.net

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.