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Net loss per share of $0.30 - loss of $0.24 in the prior quarter, primarily due to non-recurring severance expense
Revenue: Revenue was $16.4 million, a year-over-year increase of 51%, and organic revenue increased by 43% year over year. Activity-driven revenue for the quarter was positively impacted by growth in active projects and construction value managed on our solutions as well as increased CPM subscription fee revenue. Organization-driven revenue was positively impacted by an increase in the number of organizations using our PlanSwift solution.
Operating Metrics: Total active construction projects increased 29% year over year to 8,030, representing approximately $155 billion of construction value. New projects added totaled 1,792, representing $18.2 billion in construction value, a decrease of 23% year over year, primarily due to the timing of large general contractor implementations and larger-scale projects. Latista had 289 active projects and added 70 new projects, contributing $1.6 billion of the quarter's construction value added. Total number of organizations increased by 65% year over year to 16,694.
Deferred Revenue: Deferred revenue at September 30, 2014 was $33.6 million, up 8% from $31.1 million at June 30, 2014 and up 54% from $21.9 million at September 30, 2013.
The following information was filed by Textura Corp (TXTR) on Wednesday, November 5, 2014 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.
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