Home Companies YTB Travel YTB Travel 3rd Quarter Revenues Drop 62%

YTB Travel 3rd Quarter Revenues Drop 62%

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MSN Money:

Total revenue for third quarter dropped 62 percent to $15.9 million, down from $42.2 million for the third quarter of 2008.

YTB attributed the decline in revenue to a drop in the number of new Internet Business Centers sold during the quarter and a decrease in the number of active IBC site owners.

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