Innotrac Corporation Announces 2010 Third Quarter EPS of $(0.06)

Innotrac Corporation INOC announced financial results today for the third quarter and nine months ended September 30, 2010. The Company reported revenues of $18.6 million for the quarter versus $22.3 million reported in the comparable period in 2009. For the nine months ended September 30, 2010, the Company reported revenues of $56.4 million versus $78.6 million in the comparable period in 2009. The Company reported a net loss of $821,000, or ($0.06) per share, fully diluted, for the three months ended September 30, 2010, versus net loss of $78,000 or ($0.01) per share in the comparable period of 2009. For the nine months ended September 30, 2010, the Company reported a net loss of $2.9 million, or ($0.23) per share, fully diluted, versus net income of $3.7 million or $0.29 per share in the comparable period of 2009.