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The software company reported net income of or zero centsper share, compared to a net loss of or 9 cents per in the year-ago quarter. Revenues grew to $3.8 million from $3.6 The one analyst who covers the company expected a net loss of 2 centzs on revenuesof $3.5 million. Systems salesx and service, maintenance and support revenues both rose 12 percent duringthe quarter, while applicationj hosting services revenues fell 23 the company said in a news “We continue to make progress in movint this business forward to the point of becominy consistently profitable; that is our main strategix goal,” said CEO Brian Patsu in the release.
In early Streamline won a contract valued at morethan $1 million to integratwe its document workflow solutions into an electronic medical recordsx system at a Canadian health care region, Patsyh said. It is the second Canadian contract the company has won in the past Despite thebetter news, shares of Streamline STRM), followed most tech stocks down on Wednesday losing more than 8 percent, or 26 to $2.89. Streamline Health Solutions, basedr in Cincinnati, is a supplier of workflows and documentmanagement tools, applications and services to specifically health-care organizations.
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