September 14, 2011
Coinstar Inc. made it on FortuneMagazine's 2011 list of the "100 Fastest-Growing Companies" list. Coinstar's 22nd ranking reflects the company's strong growth in the past year, jumping nearly 40 spots since 2010, according to a press release.
"Coinstar's commitment to innovation has consistently delighted consumers and delivered substantial value to our partners, positioning us well for continued growth," said Paul Davis, chief executive officer, Coinstar Inc. "This distinction by Fortune is a testament to our ability to provide our consumers with practical, value-added technologies in automated retail. We are honored to be a part of this list of market-movers."
To qualify for Fortune’s list, a company, domestic or foreign, must be trading on a major U.S. stock exchange; report data in U.S. dollars; file quarterly reports with the SEC; have a minimum market capitalization of $250 million and a stock price of at least $5 on June 30, 2011; and have been trading continuously since June 30, 2008. Companies must have revenue and net of at least $50 million and $10 million, respectively, income for the four quarters ended on or before April 30, 2011; and have posted an annualized growth in revenue and earnings per share of at least 15 percent annually over the three years ended on or before April 30, 2011.
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