YP Corp. the Internet Yellow Pages company reported its net revenues for the third quarter ending June 30 were $16.9 million, compared to $8 million for the same quarter in 2003. It reported $2.6 million in net profits in its most recent third quarter.
The revenue increase reflects an increase in Internet advertisers and price increases. YP Corp. had 320,296 paid advertisers in its most recent quarter, up from 235,162 paid advertisers for the same quarter last year.
Direct mail is YP Corp.’s primary source of generating advertising revenues.