Alloy Losses Deepen in Quarter

Posted on by Chief Marketer Staff

Alloy Inc. posted a net loss of $1.7 million for the first quarter, compared to a net loss of $1.2 million in the prior year.

The direct marketer reported revenue of $37.8 million for the quarter ended April 30, a 16% decline from revenue of $44.8 million last year.

The New York company attributed these results to softness in demand.

Alloy Losses Deepen in Quarter

Posted on by Chief Marketer Staff

Alloy Inc. reported a net loss of $15.9 million for the first quarter compared to a net loss of $9.2 million last year.

The direct marketer reported revenue of $87.7 million for the quarter ended April 30, up 4.6% from $83.9 million last year.

“We are pleased to report that we made meaningful progress toward improved sustained profitability in both our merchandising and sponsorship businesses,” said Matt Diamond, CEO of the New York-based company, in a statement.

More

Related Posts

Chief Marketer Videos

by Chief Marketer Staff

In our latest Marketers on Fire LinkedIn Live, Anywhere Real Estate CMO Esther-Mireya Tejeda discusses consumer targeting strategies, the evolution of the CMO role and advice for aspiring C-suite marketers.

View More 






CALL FOR ENTRIES OPEN





















CALL FOR ENTRIES OPEN




















                

                    

        

	
SIGN UP FOR UPDATES!
 Fill out the fields below to receive the latest news and special announcements from Chief Marketer.