Innotrac Corp. reported $29.5 million in second quarter revenues generated from fulfillment and telemarketing operations, up from $28.1 million for the same quarter last year. It reported a net income of $995,000 for the second quarter, compared to $45,000 for the second quarter of 2007.
For the six months that ended June 30, Innotrac reported $62.2 million in revenues, compared to $55.8 million for the first six months of 2007, reflecting an 11.5% increase. It reported a net income of $1.9 million for the first six months of this year. For the first six months of 2007 the company reported net loss of $749,000.
Innotrac attributed its increase in revenues to the addition of several new direct marketing services clients and increased revenues from existing e-commerce and direct marketing clients.
Innotrac operates eight fulfillment centers and two call centers in seven U.S. cities.
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