Fast Search & Transfer, a developer of search technologies, has announced $48.8 million revenue for the fourth quarter of 2006. FAST’s full year 2006 revenue reached $162.2 million.


Fast Search & Transfer, a developer of search technologies, has announced $48.8 million revenue for the fourth quarter of 2006. FAST’s full year 2006 revenue reached $162.2 million.

FAST Q4 2006 Financial Results

– Total revenue: $48.8 million (an increase of 57% compared to the fourth quarter of 2005)

– Total profits with Adjusted EBITDA: $7.8 million

– Total balance: $232.5 million.

Joseph Lacson, CFO, FAST, said: “We once again delivered record revenues and profitable growth while significantly investing for our future. We are relentlessly looking for ways to fine-tune our business model, processes, and controls. This effort is clearly delivering results, and positions us for further success.

Our strong balance sheet and seasoned management team positions us well for further growth, both organically and through strategic acquisition”. [source]

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FAST Search Press Release

About FAST

Fast Search & Transfer is a developer of enterprise search technologies and solutions. FAST ESP elevates the search capabilities of enterprise customers and connects people to the relevant information they seek regardless of medium.