to third Financial Officer. everyone to joining Thank and Vice Chief and is Senior you, President me Ari, thanks Scott quarter results. today us discuss this With for financial morning our XXXX Davidson, our
and XX% the third operating revenue first decrease persistence $XX.X of and million, operating to our the continues net We XXXX, million quarters of second an our income. of consecutive performance quarter quarter $XX.X and pandemic these lockdowns increase of reporting of compared Despite macroeconomic income $XX.X in to the X% of quarter million second in positive to experienced quarter reflect and we third markets. a sixth are of compared the generated many XXXX. continued during XXXX challenging core in Our disruptions conditions, ongoing difficult as the of cause to COVID-XX of the environment,
third abilities of results events. our with year-over-year in to the of several sales of comparison and reflect severity outbreaks Revenue the prior impacted coronavirus improvements and due the which in quarter quarter reinstatement in quarter frequency adversely markets, from restrictions net Our and key Kong. the third increased XXXX in-person markets outside to increasing to members' increased certain Hong hold meetings X% X% government-mandated
they of to the from navigate As the business the continue operating point, since members marked To in the their conduct in government-mandated of the or continue member resulting and were events Macau of in-person quarter third XXXX our the lockdowns. face We we this as COVID-XX restrictions environment, unable work evolving to face first sponsor China, Kong. quarter pandemic, beginning the to to challenges Hong pandemic. renewed any
scheduled had event previously cancel we fact, our September. abruptly to In in
dedication work events. and However, in-person the our due adapt the employees, our quickly events of sessions to at we virtual leaders quarter. and hard marketing previously in held to multiple and able We place planned members, the in training were activities
the prior from event in-person Importantly, our period. from basis, in volume XX% volume of to order year in the held primarily in to quarter June. Macau declined events major these second contribute a X% help increase On due a virtual effect order sequential the
new strategy made products in our performance. progress made operational executing implementing many on in of Given markets, the our members. introducing our elements better to enhancements we within the in ever-changing our our and business business positive restrictions of into our incentivize strides and improving operational markets, remain and and focused managing emerging our expanding control engage We
products, a turn margins September, quarter expense and of Ampoule, launch daily Moreover, intend in base serum new operating X exciting our our through to our manage successfully preserve with year. prebiotics, support virtual new to skin probiotics later income. and product, our have continue in In this which Skindulgence income a regards we training positive wellness net we healthy launched product event. to consecutive Additionally, products prudently in delivered and our Probiotic efforts sixth we facial to we fuels to promotions new also high-quality
our priorities, to still with emerging further are number we working into are growth operations India, Turning to Peru, geographical experiencing positive new all a of and the challenging our performance CIS diversify markets. Despite year-over-year. Japan, expansion markets our environment, achieved
both recovery a economic and represent and these We optimistic we are opportunity. particularly in and India, Peru sales about markets the growth significant believe
allows a Additionally, contacts and with that traction both payment ordering We establish card technology the respect achieve payments in resumed introduced solutions given efforts streamline have managed have our of that to market order the these help we rolled strong new out feature combination various Europe. our payment installment States to our we members Peruvian July, solution, the the to members and With Bolivia payment process. a the using existing countries. for pay launched to during e-wallet, United options. in which flexible team, Colombia, quarter provides in in to and members leadership and X in Kong we we the orders updates, presence options the September Peruvian a of other in Hong reception credit Klarna and single multiple In payment
of particularly orders with XX% a since through of rate strong have rollout. in Klarna We Europe seen placed adoption
in operating and reiterate in agreed income the cooperated the and volume and tax positive helped respective challenges fully of implemented macroeconomic control we the are review and conclusion, to member growth hopeful we we tax events further our gradually like IRS net would its throughout their quarter In XXXX, completed SEC returns. that We and And IRS performance IRS to spread The the the I resume financial deliver more year-over-year not did and have cautiously processes. of severe with October able activities. during SEC additional income consecutive ongoing action outbreaks. any SEC be the restrictions audit recommend will quarter sixth the that profitability. of COVID-XX has revenue our has third with quarter Despite closest and the optimistic Additionally, August and are in-person XXXX. started our investigation initiated order
continue like to Scott. that, CFO, to call our financial preferred members, to employees our difficult of the stockholders. highly and Scott our stockholders we execute business, customers, supporting our discipline would fundamentals With also efficiently NHT our thank Davidson, our members, to I environment, While turn Global. their to strong dedication all over greater like of this including financial to to business operating focused loyal value maintaining our detail. for operating I'd discuss we the on in our remain for maximize results through and
