24/7 Reports Q2 Revenue Growth Over Q1

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NEW YORK — 24/7 Real Media Thursday reported an increase in revenue for the second quarter versus Q1, but a one-cent-a-share rise in net losses.

Excluding revenue from the U.S. 24/7 Mail product, which was sold in May [IQ Daily Briefing, May 3], revenue for the New York-based online marketing and technology company totaled $10.2 million in the second quarter, a boost of 7.4 percent from $9.5 million in the first quarter.

However, revenue dropped nearly ten percent compared to the same time a year ago.



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