Traffix Inc. reported a net loss of $124,000 for the third quarter, down from net income of $662,000 last year.
The online database management firm reported net revenue of $10.2 million for the quarter ended Aug. 31, up 20% from $8.5 million last year.
Jeffrey L. Schwartz, CEO of the Pearl River, NY firm, attributed these results to costs associated with the acquisition of search engine marketing firm SendTraffic and the launch of an outbound telemarketing program.
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