Insure.com, Inc. (NSUR) Announces Record Q3 Net Profit and Significant Revenue Growth
Insure.com recently announced financial results for the third quarter ended September 30, 2007. Revenues increased 23% compared to the same period last year and net profit increased to $544,000, or $0.07 per share, which is significantly higher than the loss of $0.28 per share last year. This is the first time in the company’s history that net profit exceeded $5,000,000. Robert Bland, Chairman and CEO of the Company, stated, “Solid year-over-year revenue growth combined with reduced expenses resulted in an excellent quarter. Our new business pipeline remains robust as third quarter life insurance application requests were up 32 percent over…