Revenues for the quarter ended June 30, 2012 were approximately $1,012,000 compared to $779,000 for the prior year period. These results reflect an increase in revenues from our telehealth products and services, partly offset by lower revenues from our hosted software services due primarily to the acquisition of one of our customers and the related contract expiration. Revenues for the fourth quarter increased approximately 32% compared to the third quarter of fiscal 2012 due to higher revenues from both our telehealth products and services and our hosted software services.Net loss from continuing and discontinued operations for the quarter ended June 30, 2012 was $2,755,000 or $0.13 per share, compared to $2,062,000, or $0.11 per share, for the prior year period. The increase in net loss for the quarter is due primarily to higher cost of revenues related to the increase in telehealth revenues, higher selling, product development and stock option expenses and the non-cash amortization of acquired licenses and debt discount on the senior secured notes payable.
Authentidate Holding Corp. Reports Fiscal 2012 Fourth Quarter And Year End Results
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