Loss of Telco Biz Hurts Consumer Direct Revenue, but Turns Profit

Consumer Direct of America recorded a third quarter net profit of $33,823 on sales of $2.5 million. The Las Vegas-based mortgage consolidator recorded a $126,131 loss on sales of $2.8 million in third quarter 2002. The quarter ended Sept. 30.

Consumer Direct attributed the revenue drop to its discontinuance of its direct marketing division