Bazaarvoice doubles 2Q losses after acquisitions
From Technology News - Technology News Headlines | Bizjournals.com
November 26, 2012 - 4:58pm
Bazaarvoice Inc. reported Monday a doubling of second-quarter losses with an $11.2 million loss and revenue of $38.6 million compared with a $5.8 million loss and revenue of $25 million during the same quarter last year.
Executives at the Austin-based company said Bazaarvoice’s recent acquisitions and 54 percent increase in quarterly revenue position it for future growth.
Bazaarvoice (Nasdaq: BV), founded in 2005, manages online customer reviews for clients such as Wal-Mart Stores Inc. (NYSE:…
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