New York, 11th November: NASDAQ-listed Global Sources released its third quarter results ended 30th September 2010 on Thursday. Revenues were US$39.4 million, an increase of 29% compared to the same quarter in 2009. The company recorded online and exhibitions revenues of US$24.8 million and US$7.7 million, a jump of 19% and 752% respectively.

Print revenue fell from US$7.9 million last year to US$5.7 million.  GAAP net income increased to US$2.3 million or US$0.06 per diluted share – up from US$1.2 million or US$0.03 per diluted share in the third quarter 2009. Deferred income and customer prepayments totaled US$100.5 million compared to US$89.3 million in the same time last year.  Source:  Global Sources LLC