NEW YORK - Playboy Enterprises Inc. announced today that its quarterly profits more than doubled from the company's third-quarter earnings last year, according to Reuters.
Reporting a net income of $2.6 million, or 8 cents a share, up from $1.1 million, or 3 cents a share, one year ago, Playboy attributed the rise to sales of consumer products and royalties from its licensing deal with the Palms Casino Resort.
Revenue remained essentially level, with $82.8 million in sales, compared to $82.3 million in the third quarter of 2006.
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