Friday, April 24, 2009

Omniture Revenues Up, But Still Sees Loss

Orem, Utah-based Omniture reported in first quarter results Thursday, saying that it had a loss of $8.2M on revenues of $87.2M for the first quarter, versus a loss of $12.9M and revenues of $63.2M in the first quarter of 2008. The firm said it continued to see "uncertainty" in the market, explaining that it was taking "appropriate steps" to manage through the environment. Omniture is a provider of web analytics services, used by companies to analyze their web and online marketing efforts.