Diligent sees growing importance in European sales drive; still no word on dividend

Tue, 16 Apr 2013

By Paul McBeth April 16 (BusinessDesk) - Diligent Board Member Services sees major growth opportunities in Europe where companies haven't jumped on to the Boardbooks bandwagon, but still hasn't decided what to do with its growing pile of cash. The New York-based firm, whose software helps company directors manage corporate governance information flows, lifted sales 84 percent to US$15.1 million in the three months ended March 31, with the fastest revenue growth in the Asia/Pacific region, where revenue surged 368 percent to US$1.1 million, f...

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