RetailMeNot revenue rises as more customers shop online

Reuters News
Posted: Aug 22, 2013 4:32 PM

(Reuters) - Online coupon company RetailMeNot Inc reported a higher quarterly revenue as more people shopped online.

Revenue rose 44 percent to $43.4 million.

Net loss attributable to the common shareholders widened to $1 million, or 68 cents per share, in the second quarter, from $667,000, or 81 cents per share, a year earlier.

(Reporting by Chandni Doulatramani and Supantha Mukherjee in Bangalore)