Thane International, Inc. reported a net loss of $3.1 million for its second quarter, larger than a net loss of $383,000 last year. The infomercial beauty products marketer reported revenue of $33.5 million, up 19.5% over $28 million last year. For the first six months ended Sept. 30, the La Quinta, CA firm posted net income of $1.9 million, flat with last year. Revenue for the period was $66.4 million, up 1.6% from last year. The company attributed these results to a $5.2 million gain on retirement of debt related to the company’s former subsidiary, Krane Holdings Inc.
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