Nightingale Informatix Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2014
Nightingale Informatix Corporation reported earnings results for the third quarter and nine months ended December 31, 2014. For the quarter, the company reported loss and comprehensive loss of $943,485 against $1,403,797 a year ago. Adjusted LBITDA was $179,903 against adjusted EBITDA of $140,173 a year ago. Revenue was $3.3 million compared to $3.8 million in the third quarter of fiscal year 2014, and $3.7 million in the second quarter of fiscal year 2015. The variance from fiscal year 2014 primarily reflects a decrease in non-recurring revenues which was partially offset by a 6% increase in recurring revenues from the third quarter of fiscal year 2014 and an increase of 2% from second quarter of fiscal year 2015.
For the nine months, the company reported loss and comprehensive loss of $1,348,506 against $2,428,903 a year ago. Adjusted EBITDA was $467,791 against $537,421 a year ago. Revenue was $10,735,592 against $11,328,441 a year ago.