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Article: GSI Commerce Reports Fiscal 2008 Second Quarter Operating Results.
- Article from:
- PR Newswire
- Article date:
- July 23, 2008
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KING OF PRUSSIA, Pa., July 23 /PRNewswire-FirstCall/ -- GSI Commerce Inc. today announced its financial results for its fiscal 2008 second quarter ended June 28, 2008.
Fiscal 2008 Second Quarter Compared to Fiscal 2007 Second Quarter
-- Net revenues increased 47 percent to $193.2 million from $131.3 million.
-- Non-GAAP net revenues increased 85 percent to $102.9 million from $55.8 million.
-- Loss from operations was $17.2 million compared to $9.0 million and included $2.2 million in amortization expense related to e-Dialog and Zendor, which was not included in the company's guidance for the quarter.
-- Non-GAAP income ...