03-22-2007, 11:32 AM
Quote: Online jeweler and auctioneer Bidz Inc. is reporting a 46% increase in revenue for 2006, while net income rose by 104%.
For 2006, the company, No. 98 in the Internet Retailer Top 500 Guide, posted net income of $5.4 million on revenue of $132 million, compared with net income of $2.6 million on revenue of $90.3 million in 2005...
In Q4, Bidz had net income of $953,000 on sales of $37.5 million vs. net income of $1.8 million on revenue of $30.6 million in Q4 2005...
full article: http://www.internetretailer.com/dailyNews.asp?id=21794