Online Vacation Center Reports Q2 Results

Online Vacation Center Holdings Corp. announced its results for the second quarter ended June 30. Net revenues from continuing operations for the three months ended June 30, 2008 increased by $725,172 to $2,691,750, or 36.9 percent more than the same period in the prior year.

Net revenues from continuing operations for the six months ended June 30, 2008 increased by $720,428 to $4,947,574 or 17.0 percent more than the same period in the prior year. Net income for the three months ended June 30, 2008 was $211,881, an increase of $498,512 compared to the same period in the prior year.

Net loss for the six months ended June 30, 2008 was $84,800, a decrease of $269,020 compared to the same period in the prior year. Income from continuing operations for the three months ended June 30, 2008 was $211,881, an increase of $412,589 compared to the same period in the prior year.

Income from continuing operations for the six months ended June 30, 2008 was $34,474, an increase of $215,771 compared to the same period in the prior year.