Ditech Networks Inc. (DITC) reported that its first-quarter net loss widened to $3.22 million or $0.12 per share, from $2.86 million or $0.11 per share in the same quarter last year. Non-GAAP net loss widened to $3.09 million or $0.12 per share, from $2.71 million or $0.10 per share last year.
Revenues for the quarter declined to $3.54 million from $3.69 million in the prior year quarter.
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