Textura Announces 39% Revenue Growth in First Quarter

 

Textura Corporation

Consolidated Statements of Operations (unaudited)

(in thousands, except per share amounts)

 
 

Three Months Ended

March 31,

 

2015

 

2014

Revenues

$

19,201

   

$

13,787

 

Operating expenses

     

Cost of services (exclusive of depreciation and amortization shown separately below)

3,578

   

2,882

 

General and administrative

6,832

   

6,055

 

Sales and marketing

5,193

   

4,843

 

Technology and development

4,709

   

5,356

 

Depreciation and amortization

1,876

   

1,886

 

  Total operating expenses

22,188

   

21,022

 

Loss from operations

(2,987)

   

(7,235)

 

Other income (expense), net

     

Interest income and other expense, net

15

   

18

 

Interest expense

(11)

   

(43)

 

  Total other income (expense), net

4

   

(25)

 

Loss before income taxes

(2,983)

   

(7,260)

 

Income tax provision

84

   

80

 

Net loss

$

(3,067)

   

$

(7,340)

 

Less: Net loss attributable to non-controlling interest

   

(75)

 

Net loss attributable to Textura Corporation

(3,067)

   

(7,265)

 

Accretion of redeemable non�controlling interest

   

94

 

Net loss available to Textura Corporation common stockholders

$

(3,067)

   

$

(7,359)

 

Net loss per share available to Textura Corporation common stockholders, basic and diluted

$

(0.12)

   

$

(0.30)

 

Weighted-average number of common shares outstanding, basic and diluted

25,640

   

24,812

 

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