TouchStone Software Corp.: The Huntington Beach software...
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TouchStone Software Corp.: The Huntington Beach software developer and publisher recorded a loss of $354,965, or 5 cents a share, for the third quarter, contrasted with net income of $478,967, or 7 cents a share, for the third quarter last year. Revenue declined 29% to $2.5 million from $3.5 million. For the nine-month period, the company reported a loss of $4.3 million, or 57 cents a share, contrasted with net income of $1.3 million, or 19 cents a share, for the prior-year period. Revenue dropped 49% to $4.9 million from $9.7 million.
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