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Envivio Slips To Loss In Q4 - Quick Facts

Envivio Inc. (ENVI) reported that its fourth-quarter GAAP net loss attributable to common stockholders was $4.85 million, or $0.18 per share, compared to breakeven or breakeven per share, in the comparable quarter last year.

GAAP net loss for the quarter was $4.85 million compared to net income of $754,000 last year.

Non-GAAP net loss attributable to common stockholders for the quarter was $4.13 million, or $0.15 per share, compared to breakeven or breakeven per share, in the fourth quarter of fiscal 2012.

Non-GAAP net loss for the quarter was $4.13 million compared to net income of $1.19 million in the year ago quarter.

Revenue for the latest fourth quarter of fiscal 2013 was $7.70 million, compared to $15.52 million in the prior year period.

On average, three analysts polled by Thomson Reuters expected the company to report a loss of $0.16 per share on revenues of $7.79 million for the quarter. Analysts' estimates typically exclude special items.

by RTTNews Staff Writer

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