Advertisement

Quality Systems Inc.: The Tustin developer of...

Quality Systems Inc.: The Tustin developer of information systems and technology for the healthcare industry said it lost $7.5 million, or $1.26 a share, for the fiscal year ended March 31, which included an $8.3 million charge related to the acquisition of Clinitec International Inc. For the previous year, the company posted a profit of $2.3 million, or 48 cents a share. Revenue increased 20% to $20.1 million from $16.7 million. Fourth-quarter net income totaled $220,000, or 4 cents a share, compared with net income of $623,000, or 13 cents a share, for the like period a year ago. Revenue rose 39% to $6.1 million from $4.4 million.

Advertisement