Rochester, NY 8/21/2009 10:45:49 AM
Universal Travel Group UTA, Universal Travel Group Revenues Rise in Second Quarter
Universal Travel Group
Universal Travel Group- a growing travel services provider in the People's Republic of China specializing in online and customer representative services to the travel service industry offering packaged tours, air ticketing and hotel reservation services, today announced strong financial results for the second quarter ended June 30, 2009.
Company’s revenues rise 56% year-over-year to $18.4 million.
GAAP net income from continuing operations was $3.2 million, or $0.23 per diluted share vs. $0.17 in second quarter of 2008.
Non-GAAP net income from continuing operations was $4.3 million, or $0.30 per diluted share vs. $0.17 in Second quarter of 2008.
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