Published in Medicine and Law Weekly, June 9th, 2006
This decline resulted principally from lower professional services revenue as most billable professional services for the 3 months ended March 31, 2006 were recorded as deferred revenue tied to client implementation.
Revenues were almost $200,000 higher (5.2%) than the fourth quarter of 2005 as transaction and license fees increased from new business. The new business revenue resulted from both the expansion of existing customers and from new customer...
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