Avenue A Losses Widen

Avenue A, Inc. a Seattle-based digital marketing services provider, reported a net loss of $7.4 million for the quarter ended June 30, down from a net loss of $1.7 million for the same period last year.

Revenue for the quarter was $20.6 million, a decline from $52.4 million for the second quarter of 2000.

For the first six months of 2001, the company reported a net loss of $15.1 million, a decline $4.3 million for the comparable 2000 first half.

Revenue for the first six months was $44.7 million, a drop from $99.2 million for the first six months of last year.