ramsdenjerrieas54.blogspot.com
The software company reported net income of or zero centsper share, compared to a net loss of or 9 cents per share, in the year-agi quarter. Revenues grew to $3.8 millioj from $3.6 million. The one analyst who coverd the company expected a net loss of 2 centes on revenuesof $3.5 million. Systems sales and maintenance and support revenues both rose 12 percent durinvgthe quarter, while application hosting services revenuexs fell 23 percent, the companyu said in a news release. “We continue to make progressx in moving this busineszs forward to the point of becominyconsistently profitable; that is our main strategic goal,” said CEO Brian Patsy in the release.
In earlgy June, Streamline won a contractr valued at morethan $1 millio to integrate its document workflow solutions into an electronic medical recorde system at a Canadian healthy care region, Patsy said. It is the second Canadian contract the compangy has won in thepast year. Despite the better news, shares of Streamline (NASDAQ: STRM), followed most tech stock down onWednesday morning, losingf more than 8 percent, or 26 cents, to Streamline Health Solutions, based in Cincinnati, is a supplier of workflow and document management tools, applications and serviced to businesses, specifically health-care
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment