Press release: Professional Diversity Network, Inc. announces first quarter 2014 financial results


Professional Diversity Network, Inc., an Internet software and services company specializing in diversity recruitment resources for corporations, government agencies and job seekers, announced today its quarterly financial results for the quarter ended March 31, 2014.

Highlights include:

  • Total revenue recognized for fiscal first quarter of 2014 grew 35% as compared to the first quarter of 2013, from $919,803 to $1,237,653 respectively
  • Direct sales bookings increased for the third consecutive quarter to $764,000, representing a 526% increase over the first quarter of 2013. First quarter 2014 direct sales bookings include $275,000 from our events division, which was purchased at the end of the third quarter of 2013
  • Registered users grew by 9.9% in the first quarter of 2014 compared to a 3.4% growth in the first quarter of 2013

Some people are making a nice living out of this!