Are you suggesting that this announcement is saying that there wasn't a sales team before and now there is? If that's the case, considering that they had revenue growth YOY of 300% and merchant numbers growth YOY of 117%, one could argue that this new sales team is a waste of money.
The announcement states 'New Enterprise team targeting North America'. That tells me they have existing teams with existing targets markets and this is a new team with a new target. It speaks to the potential additional growth.
Again, plenty were asking for an update and here it is. If they release on of these intra quarter each quarter I'd be happy.
SPT Price at posting:
97.0¢ Sentiment: None Disclosure: Held
