Vidaroo Corp Reports Revenue Results for the Quarter Ended December 31, 2011
February 15, 2012 at 09:00 am
Vidaroo Corp. reported revenue results for the quarter ended December 31, 2011. For the quarter, year over year monthly recurring revenue received increased by 88% or $57,000 to $122,000. Production service revenue remained steady for the quarter, allowing the increased Software-as-a-Service revenue to directly contribute to an improvement in Operating Margins of 22%, increasing to $335,000.