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Short Take: CMG posts revenue increase, net loss

CMG Information Services posted a slight third-quarter revenue increase and widening net loss. The company reported revenues of $20.4 million for the quarter, compared with $19 million a year ago. It's net loss reached $11.7 million,, or 55 cents a share, compared with a loss of $10.3 million a year ago.

CMG Information Services posted a slight third-quarter revenue increase and widening net loss. The company reported revenues of $20.4 million for the quarter, compared with $19 million a year ago. It's net loss reached $11.7 million,, or 55 cents a share, compared with a loss of $10.3 million a year ago.