NEWS19 May 2010
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CANADA— Web analytics firm iPerceptions has posted a drop in revenue and worsening losses for the first quarter of 2010.
Revenue was down 2.7% year-on-year to C$1.24m in the opening three months of the year, but compared to the previous quarter sales were up 3%.
Net loss for the period was C$673,974 compared to a loss of C$545,535 last year – an increase of 23%.
On a brighter note, the firm said that it had “added and renewed” customers including Mercedes Benz, LG, General Motors, Hyundai, Autodesk and Hyatt during the quarter.
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