Bidz.com Revenue Down 12% in 3Q

Highlights of Bidz.com’s third quarter (ended Sept. 30)
results:

  • Net revenue: Down to $21.8 million, compared with 24.8 million in 2009
  • Net income loss: $614,000
  • Gross profit: Down to $5.6 million, compared with $7.2
    million last year
  • Number of new buyers: Down 12.7 percent to 29,900
  • Average orders per day: Down 10.4 percent to 1,312
  • Average selling price per order: Up 2 percent to $190

For more information on Bidz.com’s financial statement,
click here.