TouchStone Software Corp.: The Huntington Beach company...

TouchStone Software Corp.: The Huntington Beach company posted a net loss of $2.1 million, or 28 cents a share, for the second quarter, which includes $1.4 million in expenses related to the settlement of three lawsuits filed by shareholders. For the year-earlier quarter, the company had net income of $403,373, or 6 cents a share. Revenue declined 48% to $1.7 million from $3.3 million. The first-half loss was $3.9 million, or 53 cents a share, contrasted with profit of $860,718, or 13 cents a share, a year ago. Revenue declined to $2.4 million from $6.2 million.