Trintech losses narrow as revenues rise

Trintech, the Nasdaq-quoted Irish financial and healthcare software company, today said its second-quarter loss narrowed as revenue…

Trintech, the Nasdaq-quoted Irish financial and healthcare software company, today said its second-quarter loss narrowed as revenue rose.

The net loss in the three months to July 31st fell to $965,000 (€656,000) from $1.05 million a year earlier, the
company, whose principal offices are now in Dallas, said in a statement.

Revenue climbed 18 per cent to $10.5 million. This comes on the back of a 31 per cent rise in revenues to $9.64 million (€6.1 million) for the first quarter ending April 30th.

Bloomberg