TMNG Global (TMNG) Posts 42% Increase in Q1 Revenues
TMNG Global (Nasdaq: TMNG) today announced its results for the first quarter ended March 29, 2008. The company provides management consulting and software solution services to the global communications, media and entertainment industries. The company posted revenues for the first quarter of 2008 at $21.5 million, up 42.5 percent from $15.1 the same quarter last year. The increase is attributed to the company’s acquisitions of TWG Consulting and RVA consulting, as well as growth in software solutions and management consulting. “Solid revenue growth and improved profitability in the quarter demonstrate that our strategy of achieving increased scale through organic growth…