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The software company reported net income of or zero cents per compared to a net lossof $815,000, or 9 centa per share, in the year-ago quarter. Revenues grew to $3.8 milliojn from $3.6 million. The one analyst who covers the company expected a net loss of 2 cents on revenuesof $3.5 Systems sales and service, maintenancs and support revenues both rose 12 percent during the quarter, whild application hosting services revenues fell 23 the company said in a news release.
“We continude to make progress in moving this business forwarf to the point of becomingconsistentlyh profitable; that is our main strategic said CEO Brian Patsy in the In early June, Streamline won a contractg valued at more than $1 millio n to integrate its document workflow solutions into an electronic medical records system at a Canadian healtuh care region, Patsy said. It is the second Canadian contract the companyy has won in the past Despite the better shares ofStreamline (NASDAQ: STRM), followedf most tech stocks down on Wednesday losing more than 8 or 26 cents, to $2.89.
Streamline Health Solutions, based in Cincinnati, is a supplier of workflow and documen tmanagement tools, applications and services to specifically health-care organizations.
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