Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers S > Headlines for Sizmek Inc. > News item |
Sizmek sees $5.33 million operating loss in August, negative revenue
By Sarah Lizee
Olympia, Wash., Sept. 27 – Sizmek Inc. reported a $5.33 million operating loss for August on negative $309,217 total revenue, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the Southern District of New York.
The net loss for July was $20.32 million.
In addition, the company had $1.22 million in cash and cash equivalents as of Aug. 31.
Sizmek is a New York-based independent buyside advertising platform. The company filed bankruptcy on March 29 under Chapter 11 case number 19-10971.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.