Digital Impact blamed a marketing pullback by technology clients and merchants’ aversion to spam as contributing factors to declining revenues in its most recent quarter.
The San Mateo, CA company reported a net loss of $2 million for the second quarter, compared to net income of $108,000 last year.
The online marketing services firm reported revenue of $10.2 million for the quarter, off 7% from the $410.9 million last year.
“While the financial result of this last quarter came in within the range forecast, we remain dissatisfied with the pace at which we
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