Second quarter revenue at Communicate.com Inc., an Internet retailer that owns a host of web sites, including Perfume.com, Boxing.com and Call.com, increased 4.5% over Q2 a year ago to $1.65 million from $1.58 million, the company reports. First half revenue grew 7.4% to $3.34 million from $3.12 million.
Communicate.com, No. 469 in the Internet Retailer Top 500 Guide, suffered a loss of $219,416 in the second quarter, compared to net income of $81,738 for the same period of 2006. First half net loss of $247,952 compared to net income of $42,621 for the same period of 2006
“Since joining as CEO and chairman 10 weeks ago, the true value of our premium online assets and the potential for growth have become clear, and I plan to take advantage of the situation in a timely manner,” says new chairman and CEO Geoffrey Hampson. “In the coming weeks, I hope to announce additions to senior management and further additions to the board of directors. I believe that the combination of an experienced and proven management team and our amazing assets will allow us to significantly boost revenues and transform CMNN into a leading eCommerce player.”
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