NetGravity Cuts Loss on Higher Revenues
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NetGravity Inc. posted a second quarter net loss of $2.1 million, or $0.12 per share, compared with a net loss of $3.0 million, or $0.59 per share for the second quarter of 1998.
The company reported record revenues of $5.6 million for the second quarter, up from revenues of $2.3 million for the same period a year earlier.
NetGravity delivers a range of software and service solutions to manage, target and analyze online campaigns. The company's worldwide customer base numbers more than 400.