ClickAction Inc., Palo Alto, CA, has reported fourth-quarter revenue of $6.8 million for the quarter ended Dec. 31, an increase of 31% from $5.2 million for the previous quarter and an increase of 45% from $4.7 million for the comparable quarter a year ago.
The company said that e-mail marketing revenue tripled over third-quarter 1999 and strong growth of the company’s desktop marketing products contributed to the increase in revenue.
The company also reported a fourth-quarter net loss of $1.5 million compared to a net loss of $789,000 in the third quarter of 1999 and net income of $255,000 in the year ago quarter.
For the year ended Dec. 31, the company reported annual revenue of $21.3 million, an increase of 41% from $15 million in 1998. The company reported a consolidated net loss of $2.2 million compared to a consolidated net income of $220,000 in 1998.
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