Replicon Announces Record Results for Fiscal Q2 2002

Calgary, Alberta, Canada – August 19, 2002 – Replicon (https://www.replicon.com/), the world leader in Web-based timesheet management and productivity software, announced today that they have experienced their highest ever quarterly revenue in Fiscal Q2 2002. Despite overall weak market conditions, Replicon continues strong momentum with their highest quarterly revenue, up 45 percent from the previous quarter. Revenues for the period grew by 73 percent over the same period last year.

Replicon won key new customers for its Web TimeSheet product this quarter including, ADP and Human Genome Sciences, Inc. The company also received orders from several existing customers for additional licenses like Volunteers of America and Golder Associates.

“Inspite of challenging economic conditions in the software market Replicon has had an outstanding quarter and we are continuing to see strong momentum for our Web TimeSheet product. Our focus on providing customers immediate productivity and ROI gains through quick implementation (typically 2-3 business days) and simple to use and administer solution is benefiting both our customers and Replicon,” said John Eddy, CEO of Replicon Corporation. Replicon is not only well positioned to achieve revenue and profitability goals but is also positioned for expansion and long-term growth as we enhance product offerings, forge strategic alliances and exceed customer expectations."

Replicon’s Web TimeSheet software is available for purchase and easy downloading at Replicon’s Web site at https://www.replicon.com/.

Get started today.
Set up a free trial based on your business needs. Start Free Trial

Global Compliance Desk – Karnataka, India

India: Karnataka Government Permits Shops To Remain Open 24/7  On January 2, 2021, the Government of Karnataka issued a notification that allows all shops and commercial establishments in Karnataka, having…Read More

4 Ways Replicon’s Data-Driven Analytics Can Improve Your Timesheets & Save Resources, Time, and Money

Accurate time tracking is vital to your company’s operation, not only for the purposes of meeting project goals and staying on budget, but also for the valuable data it generates…Read More

Want Real Solutions That Help You Manage Expense Tracking in Real-Time? We’ve Got Them.

A comprehensive expense tracker can provide your organization with clear insights into how corporate time and dollars are being spent and help you identify unnecessary costs, strains, time-wasting activities, and…Read More

Using shared services? These five technologies are a must

As organizations continue to scrutinize operating costs and look for areas to drive efficiencies, shared services centers (SSCs) are a no-brainer. The concept of a multi-function SSC has been around…Read More

Miscalculating wages by a few cents led to this company paying a six-figure lawsuit

West Marine Products, which operates a chain of retail stores across the United States specializing in boating supply and fishing equipment, recently settled a class action lawsuit involving 707 former…Read More

Employee time tracking is dead

iBeacons, Bluetooth Low Energy, Proximity sensing and the obsolescence of time tracking as we know it. Businesses have to track the time their employees work for a variety of reasons,…Read More
  • Polaris
  • Time & Project Insights
  • Time & Projects Solutions
  • Replicon Products
  • Replicon Users
  • Cloud
  • Corporate
  • Professional Services Management
  • Shared Services Management
  • Time and Attendance Management
  • Customer Feature
  • Time Intelligence
  • Industry News
  • Global Compliance Updates