Chyron Report Revenue Decline & Net Loss Increase

14 Aug

SCRI's NewsBriefs

Follow Broadcast Pro Video Breaking News on Twitter

  • Share
  • Share
Chyron, a provider of Graphics as a Service for on air, online and mobile applications, announced a decline in revenue and an increase in net loss  in its financial results for the second quarter and six months ended June 30, 2012.
HIghlights as follows:
  • Total revenues of $7.7 million for the second quarter of 2012 as compared to $9.4 million for the prior year’s second quarter and $7.9 million for the first quarter of this year;
  • Revenues of $15.6 million for the first six months of this year as compared to $16.0 million for the comparable prior year period;
  • Net loss of $0.6 million for the second quarter, as compared to net income of $0.1 million for the prior year’s second quarter and a net loss of $1.0 million for the first quarter of this year;
  • Net loss of $1.6 million for the first six months of this year as compared to a net loss of $0.4 million for the comparable prior year period.

No comments yet

Leave a Reply