smaller than the $9.1 million
net loss a year earlier. The meetings and registration technology company's
fourth-quarter revenue increased to $76 million from $61.6 million in 2010. For
the full year, Active revenue in 2011 increased to $337.4 million from $279.6
million, and its full-year net loss narrowed in 2011 to $15.3 million from
$27.3 million. Fourth-quarter and full-year figures included nearly $2 million
in acquisition-related severance costs. The company
acquired StarCite on Dec.
30. Active CFO Scott Mendel during a conference call with investors estimated
StarCite's full-year 2012 revenue would range between $35 million and $37 million.