AeroGrow International Inc., an direct marketer of gardening products, posted a net loss of $3.8 million for the fourth quarter compared to a net loss of $2 million in the prior year.
The Boulder Co firm reported revenue of $11.2 million for the quarter ended March 31, a 73% increase over $6.4 million last year.
Last fall, the company launch of a successful direct mail catalog channel that now mails approximately 750,000 catalogs every 45 to 60 days to customers and modeled prospects, the company said.
“While our growth was exceptional, we did experience internal stresses as a result of that growth,
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