Napster Improves Q3 Net Loss
February 8, 2007 at 2:24 PM (PT)
NAPSTER today reported a fiscal third-quarter net loss of $9.5 million, or 22 cents/share, compared to a loss of $17 million, or 40 cents/share, in the previous Q3.
The company cited strong subscription growth for the improvement.
Net revenue rose from $23.5 million to $28.4 million.