Cataloger Concepts Direct, Inc., baseD in Longmont, CO, reported earnings of $424,000 for the quarter ended Dec. 31, 1998, a decline from $1.17 million for the same period of 1997.
Sales for the quarter were $33.95 million, a 2% increase from sales of $33.15 million for the same period in 1997.
For the fiscal year ended Dec. 31, the firm reported a net loss of $1.4 million, down from net income of $1.6 million for the same period in 1997
The year’s sales were $84.8 million, an 8% increase from sales of $78.5 million for the same period in 1997..
The company attributed its performance to rapid development of electronic commerce capabilities.
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