Lyris Inc., an online marketing services company, posted net loss of $17.2 million for the fourth quarter, compared to a net loss of $2 million in the prior year.
The Emeryville, CA firm reported revenue of $10.7 million for the quarter ended June 30, a decrease from $10.8 million last year.
“We continue to achieve operating efficiencies, as evidenced by the ability to reduce our debt by more than $3 million since Dec. 31, while investing in key areas of our business, such as product development, sales and marketing, that position us for growth as overall market improves,
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