24/7 Records Revenue Gain on Net Loss

Inspiration meets innovation at Brandweek, the ultimate marketing experience. Join industry luminaries, rising talent and strategic experts in Phoenix, Arizona this September 23–26 to assess challenges, develop solutions and create new pathways for growth. Register early to save.

NEW YORK 24/7 Real Media yesterday reported a 15 percent revenue rise on a net loss of $5.9 million in the fourth quarter versus the year-ago period.

The online advertising and technology company recorded Q4 revenue of $13.2 million, up from $11.5 million in the same period last year. EBITDA (earnings before interest, taxes, depreciation and amortization) for the quarter was $200,000.

Fourth-quarter net loss was $5.9 million, or 5 cents per share, compared to a net loss of $3.2



AW+

WORK SMARTER - LEARN, GROW AND BE INSPIRED.

Subscribe today!

To Read the Full Story Become an Adweek+ Subscriber

View Subscription Options

Already a member? Sign in