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Diamond E-Tailer Abazias.com Announces Results
Abazias.com reported that its sales fell 17 percent to $1.498 million during the third quarter and a loss of $68,162, an improvement from the company's loss of $309,176 one year ago.
For the first nine months of fiscal 2008, the online diamond jewelry retailer's revenue held flat at $5.139 million, and it reduced its loss by 82 percent to $297,533.
As of September 30, 2008, Abazias had current assets of $661,628 and liabilities of $850,775.
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