Diligent CEO Sodi mulls use for cash, sees growth to come

Tue, 16 Oct 2012

By Paul McBeth Oct. 16 (BusinessDesk) - Diligent Board Member Services chief executive Alex Sodi sees more growth to come for the corporate governance software maker as more boardrooms switch to a paperless filing system. Speaking to BusinessDesk, Sodi said the market was expanding and sales were likely to top US$50 million for the full year. "In the short-term we're not going to be Google, but if you look at the margins and cash-flow we've been delivering - US$10 million, US$20 million, US$50 million - I think we have delivered," said Sod...

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