Thursday, May 5, 2011
Active Network Revenues Up In Q1, Sets Trading Symbol
San Diego-based Active Network, the operator of sports registration and online community sites, said in a filing today that it had a net loss of $10.9M on revenues of $72.71M for the three months ended March 31, 2011. The firm--which is currently in IPO registration--also set its trading symbol as ACTV. Revenues were up 15% from the quarter ending March 30, 2010, when the firm reported a net loss of $12.4M on revenues of $63.2M. The updated numbers came from an amended S-1 filed by the firm Thursday morning.