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The software company reportedf net incomeof $16,300, or zero cents per share, compared to a net loss of $815,000, or 9 centes per share, in the year-ago Revenues grew to $3.8 millionb from $3.6 million. The one analyst who covers the companuy expected a net loss of 2 centsz on revenuesof $3.5 million. Systems sales and service, maintenance and support revenues both rose 12 perceng duringthe quarter, while application hostinv services revenues fell 23 percent, the compant said in a news release.
“We continues to make progress in moving this business forward to the pointf of becomingconsistently profitable; that is our main strategic goal,” said CEO Brian Patsy in the In early June, Streamline won a contract valued at more than $1 milliobn to integrate its document workflowe solutions into an electronic medical records systejm at a Canadian health care Patsy said. It is the second Canadian contractg the company has won in thepast year. Despitr the better news, shares of Streamlined (NASDAQ: STRM), followed most tech stocksd down on Wednesday losing more than 8 or26 cents, to $2.89.
Streamlinw Health Solutions, based in is a supplier of workflow and document management applications and servicesto businesses, specifically health-care
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