Identity risk management specialist Intersections reported revenue for the fourth quarter of $88.1 million, a 14% gain on 4Q/07/
However, the net loss for the quarter was $26.5 million, compared to net income of $3.3 million for the year ago quarter. Total subscribers decreased to approximately 4.7 million as of year-end 2008, compared to approximately 5.3 million subscribers as of December 31, 2007, as a result of the loss of Discover wholesale subscriber base in the third quarter of 2008. Subscription revenue, net of marketing and commissions associated with subscription revenue, was $43.1 million for the fourth quarter of 2008, compared to $41.1 million for the fourth quarter of 2007, and $49.2 million for the third quarter of 2008, an increase of 4.8% and a decrease of 12.4%, respectively. For complete details about Intersections’ latest results visit CardData ([www.carddata.com](http://www.carddata.com)).
4Q/07: $77.0 million
1Q/08: $85.9 million
2Q/08: $94.2 million
3Q/08: $93.4 million
4Q/08: $88.1 million
Source: CardData (www.carddata.com)