NetZero Reports Net Loss of $14.9 Million in Quarter

NetZero Inc., Westlake Village, reported a net loss for the first quarter ended Sept. 30 of $14.9 million. The company took in revenue of $7.7 million. The company was founded in October 1998, and made its initial public offering Sept. 24.

NetZero is an Internet service provider that gives its services to consumers at no charge. Its revenue comes from advertisers who are given certain information about subscribers enabling companies to specifically target online advertising.