07:13 AM EDT, 03/27/2025 (MT Newswires) -- TeraGo ( TRAGF ) overnight Wednesday said its fourth-quarter net loss narrowed as revenue edged higher.

The net loss narrowed by 11%, to $3.2 million, or $0.16 per share, compared with a net loss of $3.6 million or $0.18 per share, in the prior year period. The lower net loss in the quarter was due to higher margins and overall lower salaries and operating expenses.

Total revenue edged higher $6.6 million, from $6.5 million, over the same period.

The company reported churn for the connectivity business fell to 0.8% in the quarter, compared with 1% for the same period last year. The improvement was due to its focus on mid-market and enterprise customers, as well as implementing new strategies for customer renewals and retention.

"Terago ( TRAGF ) is . . . uniquely focused on mid-market and lower enterprise sized businesses leveraging our national carrier grade wireless and fibre network," said Daniel Vucinic, chief executive. "We have experienced improved profitability, lower operational expenses, better margin profile on new customer deals, and a more streamlined approach to capital investments."