Hello Direct Inc., San Jose, CA, reported net income of $823,000 on net sales of $17.2 million for the fourth quarter ended December 31, 1998, as compared with net income of $596,000 on net sales of $15.9 million for the same period in the previous year. Net sales increased by 8.3%, net income by 38.1%.
For the year, the company reported net income of $2.7 million on net sales of $68.7 million, as compared with net income of $1.8 million on net sales of $63.8 million in 1997. Net sales increased by 7.7%, net income by 50.3%. Hello Direct said that, in terms of net sales, it was a record year.
The company direct markets telephony tools.
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