NetGravity Cuts Loss on Higher Revenues

NetGravity Inc. posted a second quarternet 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.

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.

“We are very pleased with our record second quarter performance and are proud of our continued ability to deliver strong business growth and product leadership,” said Eric W. Spivey, president and chief executive officer of NetGravity. The company will be merged into New York City-based DoubleClick Inc. in the fourth quarter.

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.

Subscribe to get your daily business insights

Engagement To Empowerment - Winning in Today's Experience Economy
Report | Digital Transformation

Engagement To Empowerment - Winning in Today's Experience Economy

2y

Engagement To Empowerment - Winning in Today's Exp...

Customers decide fast, influenced by only 2.5 touchpoints – globally! Make sure your brand shines in those critical moments. Read More...

View resource
Announcement Alert from Lee Arthur
Weekly briefing | Digital Transformation

Announcement Alert from Lee Arthur

2y

Announcement Alert from Lee Arthur

Announcement Alert!! Read More

View resource
The 2023 B2B Superpowers Index
Whitepaper | Digital Transformation

The 2023 B2B Superpowers Index

3y

The 2023 B2B Superpowers Index

The Merkle B2B 2023 Superpowers Index outlines what drives competitive advantage within the business culture and subcultures that are critical to succ...

View resource
Impact of SEO and Content Marketing
Whitepaper | Digital Transformation

Impact of SEO and Content Marketing

3y

Impact of SEO and Content Marketing

Making forecasts and predictions in such a rapidly changing marketing ecosystem is a challenge. Yet, as concerns grow around a looming recession and b...

View resource