The company reported revenue of $2.67 million for the third quarter, a 340% increase from the year-ago quarter. The company reported a net loss of $1.5 million for the quarter, up from $511,000 in the year-ago quarter.
LiveDeal’s restaurant deals platform ended the quarter with $10.3 million in cash, up from$9.6 million at the end of the previous quarter. Gross margin fell to 11% from 64% in the previous quarter.
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- You can view the full analysis from the report here: LIVE Ratings Report
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