Braun Consulting’s fourth quarter revenue rose to $10.1 million from just over $9 million a year ago, and its net loss fell from $21.7 million to $832,000 during the same period. Its net loss for the full year was trimmed from $28.1 million to $11.2 million, while its revenue fell from $45.9 million to $31.6 million. The quarter and the year ended Dec. 31. The Chicago-based business intelligence and
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Braun Consulting’s fourth quarter revenue rose to $10.1 million from just over $9 million a year ago, and its net loss fell from $21.7 million to $832,000 during the same period. Its net loss for the full year was trimmed from $28.1 million to $11.2 million, while its revenue fell from $45.9 million to $31.6 million. The quarter and the year ended Dec. 31.
The Chicago-based business intelligence and customer relationship management firm cut a significant part of its project personnel and other administrative expenses during the year, accounting for the lower losses. It also eliminated $3.2 million lease payments during the year.
