Stamps.com, Inc. is at the forefront of Internet-based postage services. It provides its customers with the ability to print government-approved postage, or ‘PhotoStamps’, directly from their home or office computers. Along with a rise in customer base of more than forty percent, the company has reported a marked increase in First Quarter earnings.

First Quarter 2008 revenues topped 21 million dollars, besting that of the same period in 2007 by five percent. Net income is reported to be more than $2.7 million for the quarter. According to the company’s projections, these increases are expected to continue throughout 2008. They have arrived at an estimate of $80-90 million in total annual revenue.

It certainly appears to be a period of extreme growth for Stamps.com, Inc. More than 175,000 sheets (the equivalent of 3.5 million individual ‘PhotoStamps’) were delivered to consumers. Profitability is on a consistent rise, strengthening present investor confidence, and pointing to a positive long-term outlook for the company.

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