Hello Direct, Inc., San Jose, CA, a direct marketer of desktop telephony and equipment interface products, had fourth-quarter net 1999 net sales of $22.1 million, up 28.5% over $17.2 million from fourth-quarter 1998. Net income during the same period rose 35.8%, from $823,000 to $1.1 million.
For the year. The company had net sales of $81.1 million, a 17.9% jump over 1998’s $68.7 million. Net income for the year was $3.9 million, a 45.4% over $2.67 million in 1998. The quarter and the year ended Dec. 31.
The company attributed part of its growth to Internet sales, which grew by 125% over the year-ago period and represented 16% percent of fourth quarter 1999 sales, up from 9% for fourth-quarter 1998.
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