Shows Q3 Profit

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Aliso Viejo, Calif. — Internet retailer earned $411,000 in the third quarter ended Sept. 30, compared with a $5.6 million loss during the year-ago period.

It was the company’s fourth consecutive quarterly profit.

For the nine months ended Sept. 30, net income was $2.1 million on sales of over $300 million, the company said.

“These earnings cap one of our most successful 12-month runs in company history,” said president/CEO Neel Grover.

The e-tailer, which marked its 10th anniversary this year, placed No. 38 on TWICE’s Top 100 CE Retailers rankings.


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