MemberWorks Inc., a Stamford, CT-based provider of membership services, reported a net loss of $4.8 million for quarter ended June 30, a decline from a profit of $2.8 million for the same period last year.Revenue of $94.4 million for the quarter was a 41% increase of over $67.1 million reported in the same period in 1999.For the year ended June 30, net income was $10.3 million, up from $6 million
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MemberWorks Inc., a Stamford, CT-based provider of membership services, reported a net loss of $4.8 million for quarter ended June 30, a decline from a profit of $2.8 million for the same period last year.
Revenue of $94.4 million for the quarter was a 41% increase of over $67.1 million reported in the same period in 1999.
For the year ended June 30, net income was $10.3 million, up from $6 million reported in fiscal 1999.
Revenue for the year was $330.1 million, a 51% increase over $218.1 million reported in the prior year.
