Authentidate Holding (ADAT) Reports Q2 Loss of $0.05/Share

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Go back to Authentidate Holding (ADAT) Reports Q2 Loss of $0.05/Share

Authentidate Reports Fiscal 2015 Second Quarter Results

February 17, 2015 5:05 PM EST

Revenue Increases 28% Sequentially

Gross Margin Improves Year-over-Year

BERKELEY HEIGHTS, N.J., Feb. 17, 2015 (GLOBE NEWSWIRE) -- Authentidate Holding Corp. (Nasdaq: ADAT), a provider of secure web-based software applications and telehealth products and services for healthcare organizations, today announced financial results for the three-month and six-month periods ended December 31, 2014.

Business Highlights for the Second Quarter and Subsequent Events:

Revenue increased 28% compared to fiscal first quarter. Improved gross margin for the quarter to approximately 44.2% compared to 35.5%... More