Lyris Net Loss Narrows Slightly

Lyris Inc., posted a net loss of $2 million for the fourth quarter, compared to a net loss of $2.1 million in the prior year.

The online marketing services firm reported revenues of $10.8 million for the quarter ended June 30, flat with last year.

The Emeryville, CA firm posted gross profit of $6.6 million for the quarter, compared to $7.6 million in the prior year.

The company reported operating expenses of $3.1 million for the quarter, an increase over $2.6 million last year.