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Article: Alliance Distributors Posts 2009 Third Quarter Financial Results.(Financial report)
- Article from:
- Entertainment Close-up
- Article date:
- November 10, 2009
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Alliance Distributors Holding Inc., a distributor of interactive video games and gaming products, announced its financial results for the third quarter and nine months ended September 30.
In a release on November 2, the Company noted that net sales for the quarter decreased 31 percent to $15.4 million from $22.1 million in the third quarter of 2008. Net income was $115,000 in the third quarter of 2009, compared to $219,000 in the third quarter of 2008.
For the nine months ended September 30, net sales decreased 32 percent to $44.5 million, compared to $65.5 million for the same period in 2008. Net income was $329,000 for the nine months ended September ...