Net Perceptions (Nasdaq: NETP) met analysts' bottom line estimates in the fourth quarter.
After market close Wednesday, the provider of technology for personalizing online retail reported a fourth quarter loss of $3 million, or 14 cents per share. That was on target with the consensus forecast produced by First Call's survey of 8 analysts.
Shares of Net Perceptions rose 4 3/8 to 54 1/2 in Wednesday's regular trading prior to the quarterly report.
Fourth quarter revenue increased to $6.3 million, besting analyst expectations by more than 26 percent, the company said. Revenue rose 53 percent sequentially and 279 percent year-over-year.
The company saw operating margin of -53 percent in the fourth quarter, compared to -113 percent in the year ago period.
Net Perceptions picked up 18 license customers during the fourth quarter, and ended the year with 156 clients.
For the full year, Net Perceptions lost $12 million, or 64 cents per share pro forma, on revenue of $15.1 million.>