TRX Sees Benefit In Distribution Fragmentation

TRX Inc. expects to benefit as suppliers increasingly move inventory to non-traditional sources, according to executives speaking today on the company's debut analyst conference call following its recent initial public offering. TRX today reported a six percent higher third-quarter loss of $3.4 million on 2 percent higher revenues of $29.7 million. The company's shares rose more than 2 percent in early trading today.