NEW YORK 24/7 Real Media yesterday reported a 15 percent revenue rise and narrower net losses in the second quarter versus the year-ago period.
The online advertising and technology company recorded Q2 revenue of $12.2 million, up from $10.6 million in Q2 2002 and $11.8 million in Q1 2003. Adjusted for divestitures, revenue for the quarter grew 23 percent to $12.1 million from $9.9 million for the same period last year.
Second-quarter net loss was $2.5 million, or 3 cents per share, a 40 percent improvement over a net loss of $4.2
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