Digital media measurement Rentrak Corp. (RENT) reported fourth-quarter net loss $2.0 million or $0.17 per share, narrower than $4.6 million or $0.41 per share in the comparable quarter last year.
Excluding items, non-GAAP net loss for the latest quarter was $644 thousand or $0.06 per share, compared to net income of $1.0 million or $0.10 per share in the prior year quarter.
On average, four analysts polled by Thomson Reuters expected the company to lose $0.03 per share for the quarter. Analysts' estimates typically exclude special items.
Revenue for the quarter rose slightly to $28.52 million from $24.60 million in the comparable year-ago quarter, while five analysts expected revenues of $27.58 million.
For comments and feedback: editorial@rttnews.com