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The software company reportedf net incomeof $16,300, or zero cents per share, compared to a net loss of or 9 cents per share, in the year-ago Revenues grew to $3.8 million from $3.6 The one analyst who covers the company expectef a net loss of 2 cents on revenueds of $3.5 million. Systems sales and maintenance and support revenues both rose 12 percent durinhthe quarter, while application hosting services revenues fell 23 the company said in a news release. “We continue to make progreszs in moving this business forward to the poin t of becomingconsistently profitable; that is our main strategi c goal,” said CEO Brian Patsu in the release.
In early June, Streamliner won a contract valued at morethan $1 milliom to integrate its document workfloe solutions into an electronifc medical records system at a Canadian healthh care region, Patsy said. It is the secons Canadian contract the company has won in the past Despite thebetter news, shares of Streamline (NASDAQ: followed most tech stocks down on Wednesday morning, losingt more than 8 percent, or 26 to $2.89. Streamline Health Solutions, based in is a supplier of workflo and documentmanagement tools, applications and services to specifically health-care organizations.
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