Innotrac’s Losses Widen

Innotrac Corp. reported a net loss of $1.3 million for the first quarter, compared to a net loss of $288,000 last year.

The fulfillment and logistics company reported revenue of $17.3 million for the quarter ended March 31, down from $19.2 million last year.

The Atlanta company attributed these results to reduced volumes from both its direct marketing and telecommunications clients.