Vocus Swings to a Loss, but Revenue Up
Lanham-based Vocus posted a loss of $403,000 in its first quarter, compared with a profit of $2,000 in the first quarter of 2007. Revenue grew almost 42 percent, though, to $17.9 million.
The company, which provides software for PR management, said it added a net 219 new subscription customers in the quarter.
"The first quarter was truly outstanding for us, one of our best ever, as we exceeded all of our key operational and financial metrics", said Vocus CEO Rick Rudman in a statement.
April 22, 2008; 4:53 PM ET
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