logo
Share SHARE
FONT-SIZE Plus   Neg

Innavaro FY11 Loss Narrows

Consulting services company Innavaro Inc. (INV) reported a full-year 2011 net loss attributable to shareholders of $4.6 million or $0.31 per share, narrower than the net loss of $19.1 million or $1.44 per share the previous year.

Revenues for the full-year 2011 increased 13 percent to $14.9 million from $13.1 million the year ago.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Tesla Motors Inc. (TSLA) has launched a new referral program for owners and new buyers of its Model S, as the electric car maker aims to boost sales with the latest marketing strategy. Tesla's referral program offers new buyers a discount of $1,000 if they order a new Model S using the referral link... Marriott reported a 25 percent jump in quarterly profit, topping analysts' estimates, as customers flocked to its hotel properties, driving up occupancy and room rates. The hotel chain provided weak earnings outlook for the current quarter, but lifted its expectations for 2015... Social networking giant Facebook, Inc. said Wednesday after the markets closed that its second quarter profit fell 9% from last year, as higher costs and expenses more than offset a 39% increase in revenue. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations as did its quarterly revenue.
comments powered by Disqus
Follow RTT