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April 07, 2011 at 08:00 PM
The Marketing Alliance, headed by President Timothy M. Klusas (pictured), recently announced financial results for its fiscal third quarter, ended Dec. 31, 2010.
“We are pleased with this quarter’s results,” Klusas said. “As distributors utilized more of the company’s services, we saw growth in revenues, operating income and net income, as well as expansion in our margins. I can’t write enough complimentary statements about our distributors to articulate our admiration and high regard for their professionalism, but I think our results speak to how our customers finished the calendar year during a difficult and uncertain time.”
A few third-quarter highlights from the release:
- Operating income increased to $916,608; operating margin improved to 14.8%.
- Revenues of $6,179,069 increased 22.9% from the same period in FY 2010.
