08:22 AM EDT, 05/08/2024 (MT Newswires) -- LifeSpeak ( LSPKF ) on Wednesday reported a wider first-quarter net loss as revenue slipped.

The software company specializing in well-being services for corporate clients, said the net loss for the three months ended March 31 widened to $1.6 million or $0.03 per share, from a net loss of $0.4 million, or $0.01 per share, in the year-ago quarter.

the adjusted net loss increased to $2.6 million, or $0.05 per share, from $1.6 million, or $0.03 per share. Revenue fell 7% to $12.4 million from $13.4 million.