CHANTILLY, Va. – Online Resources Corp. yesterday reported a second quarter loss of $3.2 million, or 11 cents a share, compared to a loss of $1.2 million, for the last year’s second quarter.
Processing Content
For the first six months net losses were $6.8 million, or 23 cents a share, down from $10.6 million for the first half last year.
The company, which acquired Princeton eCom e-billing service last year, said revenue growth is on track, with a 15% rise in sales in the second quarter to $37.2 million. Revenues for the first six months of the year rose 22% to $76.3 million.
“Core earnings per share was on track and key underlying drivers of our business continue to progress well,” said Mathew Lawlor, chairman and CEO, in a statement.
