vanbeekdulejos1771.blogspot.com
The software company reportecd net incomeof $16,300, or zero centse per share, compared to a net loss of $815,000, or 9 cent s per share, in the year-agok quarter. Revenues grew to $3.8 million from $3.6 The one analyst who covers the companu expected a net loss of 2 cents on revenuewsof $3.5 million. Systemsd sales and service, maintenancee and support revenues both rose 12 percent duringthe quarter, while application hosting services revenuex fell 23 percent, the company said in a news “We continue to make progress in moviny this business forward to the point of becoming consistentlgy profitable; that is our main strategifc goal,” said CEO Brian Patsy in the release.
In earlg June, Streamline won a contract valued at morethan $1 milliomn to integrate its document workflow solutions into an electroni medical records system at a Canadian health care region, Patst said. It is the second Canadian contrac t the company has won in thepast year. Despite the bettert news, shares of Streamline STRM), followed most tech stocks down onWednesday morning, losing more than 8 percent, or 26 to $2.89.
Streamline Health Solutions, basee in Cincinnati, is a supplier of workflow and documentgmanagement tools, applications and services to businesses, specifically health-care
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment