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MKTG Services Narrow Loss

MKTG Services Inc. reported a net loss of $403,022 for its third quarter, an improvement over $39.3 million last year. The list and direct marketing services company reported revenue of $3.5 million for the quarter ended March 31, up 3% from $3.4 million last year. Jeremy Barbera, CEO of the New York company, attributed this performance to re-negotiation of leases, reduction of overhead and the divestiture

MKTG Services Inc. reported a net loss of $403,022 for its third quarter, an improvement over $39.3 million last year.

The list and direct marketing services company reported revenue of $3.5 million for the quarter ended March 31, up 3% from $3.4 million last year.

Jeremy Barbera, CEO of the New York company, attributed this performance to re-negotiation of leases, reduction of overhead and the divestiture of some stock, which brought in nearly $14 million this quarter.

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