Not in Med space anymore..............
iLinc Announces Third Quarter Fiscal 2008 Results
Third Quarter Highlights
Total revenue of $3.4 million, a decrease of eight percent over the same three-month period last year
Increased subscription license revenue to $752,000, a 54 percent increase over the same three-month period last year, and to $2.1 million, a 41 percent increase over the same nine-month period last year
Maintained combined cash and certificate of deposit balance of $1.5 million
Audio conferencing revenue declined more than the seasonal average, but is expected to rebound in the March quarter
Changing market conditions and a change in vertical sales focus adds long-term subscription revenue
Net loss before tax of $558,000, the result of continued investment in research and development and sales and marketing activities intended to foster revenue growth
Continued positive cash flow with Adjusted EBITDA1 of $1 million through first three quarters of fiscal year
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