YTB International, Inc. (OTC Bulletin Board: YTBLA) (“YTB” or the “Company”), a provider of e-commerce business solutions for individual consumers and home-based independent representatives in the United States, Bermuda, the Bahamas, and Canada, today announced its financial results for the quarter ended September 30, 2010.
Total net revenue for the third quarter of 2010 was $9.9 million, compared to $15.9 million for the third quarter of 2009. Net loss for the quarter ended September 30, 2010 was ($0.7) million, or ($0.01) per diluted share, compared to a net profit of $0.4 million, or $0.00 per diluted share, for the same period of 2009.
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– Dan Mitchell, MLM Blog Correspondent –