Augme Technologies Inc. (AUGT) Posts Q1FY2012 Results, Reaffirms FY Guidance
Augme Technologies Inc., a full service provider of mMarketing mobile marketing solutions, yesterday announced its operating results for the first quarter of fiscal year 2012, and reaffirmed its guidance for the full fiscal year ending February 29, 2012. For three months ended May 31, 2011, the company's recognizable revenue was $1.20 million, an increase of 321 percent compared to revenue of $286,323 in the first quarter of fiscal year 2011, and a 25 percent increase when compared with revenue of $963,004 in the fourth quarter of fiscal 2011. The company reported a net loss of $4.0 million, or ($0.06) per…