In the first quarter to March 31, the net loss was $29.43m, up from a loss of $6.7m on revenue 9.5% lower at $65.7m. While the Atlanta, Georgia-based company predicted at the beginning of April that its net loss would be in the $0.11 to $0.13, it actually came in at $0.14.
S1 said it expects revenue for the year to be in the $241m to $249m range, roughly flat with the $247.9m achieved last year.
Source: Computerwire
