Spyglass Inc has reported a third-quarter net loss of $5.5m on revenue that plunged 63% to $2.2m, compared to net income of $862,000, or $0.07 per share, a year ago. Nine-month net loss was $5.0m on revenue up 15% at $18.1m, compared to net income of $2.5m, or $0.19 per share, last year. Results for […]
Spyglass Inc has reported a third-quarter net loss of $5.5m on revenue that plunged 63% to $2.2m, compared to net income of $862,000, or $0.07 per share, a year ago. Nine-month net loss was $5.0m on revenue up 15% at $18.1m, compared to net income of $2.5m, or $0.19 per share, last year. Results for the quarter include a deferred income tax benefit of $1.9m.