Thursday, July 17, 2014

Allegro Claims Best Half Ever

Dallas-based Allegro Development, which develops commodity trading and risk management software for the oil and gas industry, said it had its "best half ever", seeing a 35 percent year-over-year revenue increase from 2013 during the quarter. The company did not disclose any actual financial details with the announcement, however. Allegro Development said it had 33 percent revenue growth in 2013. The company has bragged of its growth for a number of years, but hasn't released any actual revenue numbers yet publicly.