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Memberworks Revenue Up, Income Doubles in Second Quarter

MemberWorks Inc., a consumer and membership services affinity marketer, reported second-quarter revenue of $123.2 million, up from $114 million in fiscal second-quarter 2003, and net income of $7.7 million, up from $3.6 million during the same period. The company’s second quarter ended Dec. 31. Gary Johnson, President and CEO, said, "We have made significant progress on multiple strategic fronts,

MemberWorks Inc., a consumer and membership services affinity marketer, reported second-quarter revenue of $123.2 million, up from $114 million in fiscal second-quarter 2003, and net income of $7.7 million, up from $3.6 million during the same period. The company’s second quarter ended Dec. 31.

Gary Johnson, President and CEO, said, "We have made significant progress on multiple strategic fronts, including our migration to monthly memberships, continued expansion of our Internet marketing channel and the launch of a new point of sale channel," said Gary Johnson, the Stamford, CT-based firm’s president and CEO in a statement.

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