ZAGG, Inc. (ZAGG.OB) Announces a 376 Percent Increase in Quarterly Sales
ZAGG, Inc. (ZAGG.OB), a leading provider of protective film coverings for personal electronics under the brand name invisibleSHIELD, recently announced its financial results for the third quarter of 2008 ending September 30, 2008. The company reported a significant year-over-year increase in revenues and positive net income for the third quarter and year-to-date. Net sales for the third quarter of 2008 climbed to approximately $6.9 million, an increase of 376 percent compared to net sales of $1.4 million for the third quarter of 2007. The company’s quarterly gross profit totaled $4.4 million, or 64.7 percent of sales, compared to $1.1 million,…