VoodooVox, Inc. Reports Consolidated Financial Results for the Second Quarter and Six Months Ended June 30, 2012; Announces Resignation of Nick Fader as Director
For the six months, the company recognized revenues of $2.3 million compares to $3.2 million for the first six months of 2011. Revenue from mobile advertising was $1.6 million in 2012 compared to $0.2 million in 2011. Operating loss of $3.4 million compares to $0.7 million for the first six months of 2011. Net loss was $4.3 million or $0.2 per share compared to $2.0 million or $0.02 per share last year.
The company also announced that Nick Fader has resigned as Director of the company.