In what is yet another well-earned 2011 award for Neutral Tandem, Forbes Magazine has named the leading global interconnection services provider #38 on Forbes’ exclusive list of America’s Best Small Companies. The rankings are based on earnings growth, sales growth and return on equity in the past 12 months and over the past five years. Stock performance versus a group of peers was also factored into the ranking.
Neutral Tandem earned these rankings by posting 48 percent sales growth over the last five years on average, and sales of
$242 million over the last 12 months as of September 2011. Neutral Tandem continues to be poised for success in the future by streamlining the interconnection of voice, IP Transit and Ethernet services to over 700 carriers and service providers worldwide.
“This past year we have focused on expanding our product portfolio to meet the growing demands of our global customer base,” comments Ed Evans, CEO of Neutral Tandem. “The launch of EtherCloudSM, our global end-to-end Ethernet delivery platform, and our recent announcement on Hosted Collaboration Service, are examples of how we’re developing complimentary services to enhance our product line and expand our addressable opportunities.”
According to Forbes, the list of the 100 Best Small Companies in America features, “Outfits with remarkable sales and earnings growth across industries. Candidates must have been publicly traded for at least a year, generate annual revenue between $5 million and $1 billion and boast a stock price no lower than $5 a share. (For apples-to-apples comparisons we excluded financial institutions, REITs, utilities and limited partnerships.)” Shares of last year’s members rose 10% on average, beating the Russell 2000 small-company index by ten percentage points.
Read the full list of Forbes’ Best Small Companies here: http://www.forbes.com/best-small-companies/
To learn more about Neutral Tandem’s products and services designed to help competitive carriers interconnect their networks, contact info@NeutralTandem.com or visit www.neutraltandem.com.
