Short Take: Connect revenue disappoints
As it had warned, e-commerce software firm Connect reported a net loss for its first quarter of $5.1 million, or 28 cents per share, up from $5 million in the same quarter last year. The company reported revenue of $1.8 million, up 29 percent over last year. The company says it is cutting expenses.
As it had warned, e-commerce software firm reported a net loss for its
first quarter of $5.1 million, or 28 cents per share, up from $5 million in
the same quarter last year. The company reported revenue of $1.8 million,
up 29 percent over last year. The company says it is cutting expenses.