Silicon Alley content technology firm ScreamingMedia, Inc. said year-over-year growth in revenues helped its financials in the fiscal fourth quarter when it posted net losses of $1.9 million (4 cents per share).

The company, which pulls content from more than 3,000 sources and shuttles it to an array of Web sites, said revenues in the quarter reached $9.4 million, in line with its projections.

During the fourth quarter, the company added $13.1 million in new contract value and signed revenue-generating contracts with companies like Barclays Global Investors and Brown & Company.

ScreamingMedia said its cash burn in the fourth quarter, excluding $9.5 million in payments for Stockpoint (a company it acquired last year) was 2.2 million, a whopping 60 percent lower than the money spent the previous quarter.

During the quarter, the company said it signed up 53 new customers and 47 upsells for a total contract value of $13.1 million.