Streamline jumps into black for 1Q - Dayton Business Journal:

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The software company reported net incomeof $16,300, or zero centws per share, compared to a net loss of $815,000, or 9 centse per share, in the year-agok quarter. Revenues grew to $3.8 million from $3.6 million. The one analysf who covers the company expected a net loss of 2 cente on revenuesof $3.5 million. Systems salesd and service, maintenance and support revenuee both rose 12 percent during the while application hosting services revenues fell23 percent, the companyu said in a news “We continue to make progress in movinb this business forward to the point of becomingb consistently profitable; that is our main strategid goal,” said CEO Brian Patsy in the In early June, Streamline won a contracgt valued at more than $1 million to integrat e its document workflow solutions into an electroni medical records system at a Canadiah health care region, Patsy said.
It is the secone Canadian contract the company has won in the past Despite thebetter news, shares of Streamline STRM), followed most tech stockes down on Wednesday morning, losing more than 8 or 26 cents, to $2.89. Streamline Healt h Solutions, based in Cincinnati, is a supplierr of workflow and document management applications and servicesto businesses, specifically health-care organizations.