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The software company reported net income of or zero cents per compared to a net loss of or 9 centsper share, in the year-agop quarter. Revenues grew to $3.8 million from $3.6 The one analyst who covers the company expected a net loss of 2 centes on revenuesof $3.5 million. Systems salezs and service, maintenance and support revenues both rose 12 percenrt duringthe quarter, while application hostintg services revenues fell 23 percent, the company said in a news “We continue to make progress in moving this businesw forward to the point of becomintg consistently profitable; that is our main strategicf goal,” said CEO Brian Patsy in the release.
In early Streamline won a contract valuexd at morethan $1 million to integrate its document workflowa solutions into an electronic medical records system at a Canadian health care region, Patsuy said. It is the second Canadiahn contract the company has won in the past Despite thebetter news, shares of Streamliner (NASDAQ: STRM), followed most tech stock s down on Wednesday losing more than 8 percent, or 26 to $2.89. Streamline Health Solutions, based in is a supplier of workflow and documengmanagement tools, applications and servicesd to businesses, specifically health-cares organizations.
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