Adaptiva Hits Record Revenue for Second Consecutive Quarter; Achieves Profitability for 19 Straight Quarters

Company reaches 100% year-over-year growth and closes out Q1 in impressive fashion with record growth and increased adoption by the Fortune 1000. End Quote

Seattle-Bellevue-Everett, WA (1888PressRelease) May 11, 2018 - Adaptiva Hits Record Revenue for Second Consecutive Quarter; Achieves Profitability for 19 Straight Quarters

• Company reaches 100% year-over-year growth in Q1
• Adaptiva adds nearly a dozen Fortune 1000 customers in Q1
• Demand grows for Windows 10 Accelerator Program
• Flagship OneSite product continues to lead sales

Adaptiva, the market leader in enterprise endpoint management and security, today announced that the company closed out Q1 in impressive fashion with record growth and increased adoption by the Fortune 1000. This translated, in turn, to record quarterly revenues for the second straight quarter and 19 consecutive quarters of profitability. It also represents over 100% growth year-over-year.

“Consistent revenue generation at an increasing rate is not accomplished by a single quarter’s effort but by sustained execution over time across all facets of the business. It requires exceptional teamwork and a dedication to exceeding customer expectations,” said Jim Souders, CEO of Adaptiva. “We are off to a great start in 2018, and the wheels are in motion for another outstanding year.”

While sales across all product lines were up, Adaptiva experienced growing demand for its recently introduced Windows 10 Accelerator Program in particular. This meticulously designed program provides companies with everything they need for seamless deployment and maintenance of Windows 10 without any unnecessary and costly tools. Sales also substantially increased for Adaptiva’s flagship product, OneSite, a powerful content distribution engine that securely speeds enterprise-wide software deployments via Adaptiva’s breakthrough peer-to-peer technology.

Adaptiva saw continued strong customer growth in the financial services sector, where a number of new customers were added. Several large existing customers also significantly expanded their deployment of Adaptiva products to help them automate their migrations to Windows 10. Adaptiva currently serves over 50% of the top 20 financial institutions in America as well as several of the world’s largest retailers. The company also added a number of new Fortune 1000 companies in other industries such as energy, transportation, and manufacturing to its customer roster.

This quarter, Adaptiva also benefited from increased contributions from its key go-to-market channel partners. These partners understand the value of Adaptiva’s OneSite, Client Health, and Windows 10 Accelerator Program offerings and have established a track record of successfully incorporating these products into their services and solution offerings.

Moving forward, Adaptiva plans to continue hiring aggressively to maintain its growth trajectory and build on company momentum. To view current opportunities to join an exceptional team building industry-leading products, please visit adaptiva.com/careers/.

About Adaptiva
Adaptiva is a leading, global provider of modern endpoint management and security solutions. The company’s peer-to-peer technology products, including OneSite™ and Client Health™, empower enterprise IT teams to manage and secure endpoints with unparalleled speed and at massive scale. Adaptiva is self-funded, highly profitable, and growing at a rapid rate. Leading global Fortune 1000 organizations, including T-Mobile, Nokia, HSBC, Adidas, Walgreens, the U.S. Department of Defense, and the U.S. Department of Homeland Security, use Adaptiva products to eliminate the need for a vast IT infrastructure and automate countless endpoint management tasks. Learn more at www.adaptiva.com, and follow the company at LinkedIn, Facebook, and Twitter.

OneSite and Client Health are trademarks of Adaptiva. All other brand names and product names are trademarks or registered trademarks of their respective companies.

Tags: Adaptiva, Windows 10, endpoint security, endpoint management, peer-to-peer technology, Windows 10 Accelerator Program, OneSite, Client Health, Microsoft Windows, Windows OS, security, Fortune 1000

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