Traffix, Inc. reported net income of $662,000 for its third quarter, up 400% from $108,000 last year.
The online marketing and database management company reported net revenue of $89.5 million for the quarter ended Aug. 31, off 20% to from $10.7 million last year.
“I am pleased we returned to profitability after a difficult second quarter,” said Jeffrey L. Schwartz, CEO of the Pearl River, NY company in a statement. “We are now reporting our 17th quarter of operating profits out of the last 18 quarters.
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