Prosoft I-Net Solutions Inc.: The Santa Ana...
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Prosoft I-Net Solutions Inc.: The Santa Ana Internet/Intranet training company reported a third-quarter net loss of $7.4 million, or 83 cents a share, compared with a net loss of $673,271 for the corresponding quarter last year. Revenue for the quarter ended April 30 was up 92% to $564,824 from $293,632. The net loss for the nine-month period was $14.1 million, or $1.77 a share, compared with a year-earlier net loss of $1.1 million. Revenue advanced to $1.5 million from $405,280. The company attributed the revenue increase to its growth from two locations on Jan. 31, to 28 nationwide as of June 1.