Streamline Health® Reports First Quarter 2015 Revenues Of $6.2 Million; Recurring Revenues Of 93%

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Lake Street Downgrades Streamline Health Solutions (STRM) to Hold

June 10, 2015 1:07 PM EDT

Lake Street Capital Markets downgraded Streamline Health Solutions (NASDAQ: STRM) from Buy to Hold with a price target of $4.00 (from $6.00). The change follows Q1 results. Analyst Bruce D. Jackson said the stock is "essentially dead money until the management team shows they can deliver the goods."

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Streamline Health Solutions (STRM) Reports In-Line Q1 EPS

June 9, 2015 4:26 PM EDT

Streamline Health Solutions (NASDAQ: STRM) reported Q1 EPS of ($0.12), in-line with the analyst estimate of ($0.12). Revenue for the quarter came in at $6.2 million versus the consensus estimate of $7.47 million.

For earnings history and earnings-related data on Streamline Health Solutions (STRM) click here.

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