psunite
Joined: 27 Jan 2005
Posts: 6213
Location: Columbus OH
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| Posted: Thu Aug 16, 2007 11:23 am Post subject: Auction Site uBid.com Announces Second Quarter 2007 Results |
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uBid.com Holdings Inc. announced results for the second quarter ended June 30, 2007. Highlights for the second quarter of 2007 include a net loss of $1.5 million compares to a net loss of $2.7 million in second quarter 2006. Gross profit for the quarter increased $752,000 or 35.5% over the same period prior year. The gross profit percentage increased to 21.0% from 11.1% in the prior year. Operating Expenses decreased $430,000 or 8.8% in the second quarter of 2007 compared to the prior year.
more.. link to news article |
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