eBT International Inc., based in Providence, has reported a net loss during its third fiscal quarter, which ended on October 31. The company reported net revenues of $2,532,000 for the fiscal quarter versus comparable net revenues of $3,561,000 for its ongoing operations in the same quarter last years.
“Our revenue performance this quarter reflects our continuing transition from being an e-business platform provider to offering a focused solution for Web content management and automated workflow,” said James Ringrose, president and chief executive office of eBT International. “As we focused on launching a new product, expanding our sales force and investing in training our sales teams and partners, we experience some transitional slowing in revenue momentum.”
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