Looks like 2008 is shaping up pretty well for Spy Optic’s parent company Orange 21. In a financial report released yesterday the company showed that net sales increased 17% to $14.0 million for the three months ended June 30, 2008. That’s up $2 million over the same period in 2007. The company still had a net loss.
A net loss of $0.3 million was incurred for the three months ended June 30, 2008 compared to a net loss of $1.6 million for the three months ended June 30, 2007.
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[Link: Trading Markets]
