PR NEWSWIRE - Feb 14 - Quarterly revenue increased 98% to $5.5M YOY. Annual revenue increased 188% to $19.2M YOY. Net loss for the quarter increased to $1.4M YOY while net loss for the year was $3.5M compared to a net loss of $1.2M for 2010. "At the outset of 2011, we identified two clear goals for SNAP: continued revenue growth and the build-out of the organization so that we could properly sustain our growth and build for the future," said SNAP's President and CEO, Clifford Lerner.
The full article was originally published at Sacbee, but is no longer available.