Traffix, Inc. reported net income of $880,000 for its fourth quarter, up 70% from $517,000 last year.
The online marketing services company reported net revenue of $7.3 million for eh quarter ended Nov. 30, 2003, off 28% from $922,000 last year.
“In response to our loss of over $12 million in 2002 client generated revenue, the company commenced execution in 2003 of its strategy to develop proprietary businesses that have recurring revenue streams and are billed directly to consumers,” said Jeffrey L. Schwartz, CEO of eh Pearl River, NY company in a statement.
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