Growing High Revenue
LifeSize, the Austin Texas High Definition video conferencing company announced some revenue statistics on October 22, 2007 in a kind of rehearsal of their post-IPO processes (next year?). The results seem impressive with 250% year over year growth for the 3rd quarter 2007 and seems to compare very favorably with more established companies – Tandberg and Polycom. But, of course, we can't really tell since the base revenue isn't reported in the press release.
Let's face it, it is easier to grow $1.00 to $2.50 than it is to grow $100 million to $250 million. Nevertheless, 250% growth does certainly sound impressive.
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