SoftNet Systems Inc, Lake Forest, Illinois developer of data management systems, reported second-quarter net income of $283,000 – or $0.04 per share – on revenue that slipped 17% to $10.2m, compared to net income of $1.9m – or $0.31 per share – for the same quarter last year. Mid-term net income was down 66% to […]
SoftNet Systems Inc, Lake Forest, Illinois developer of data management systems, reported second-quarter net income of $283,000 – or $0.04 per share – on revenue that slipped 17% to $10.2m, compared to net income of $1.9m – or $0.31 per share – for the same quarter last year. Mid-term net income was down 66% to $538,000 on revenue down 5% at $21m. Earnings per share for the half-year plummeted 68% to $0.08.
