Deloitte: Coinstar Among Fastest Growing Companies14 Nov, 2012
In a ranking of the 500 fastest growing technology and media companies in North America by Deloitte, Redbox parent Coinstar comes in ranked No. 152, thanks to consolidated revenue growth of more than 600% between 2007-2011.
“We are honored to be recognized by Deloitte as one of the fastest growing companies in North America,” said Coinstar CEO Paul Davis. “Since the early days, Coinstar has focused on creating solutions that address the needs of consumers and retailers. We believe automated retail is an enduring channel that satisfies consumers’ on-going desire for convenience and value while also contributing to retailers’ profitability.”
Eric Openshaw, vice chairman of Deloitte LLP and U.S. technology, media and telecommunications, added: “We are proud to honor the 2012 Technology Fast 500 companies, and commend them for their outstanding growth. These ground-breaking companies have outpaced their competition and are reinventing the way we do business today.”