Top Image Systems Reports Fourth Quarter and Full Year Results

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Top Image Systems (TISA) Misses Q4 EPS by 12c

March 8, 2016 9:41 AM EST

Top Image Systems (NASDAQ: TISA) reported Q4 EPS of ($0.13), $0.12 worse than the analyst estimate of ($0.01). Revenue for the quarter came in at $6.6 million versus the consensus estimate of $9.57 million.

Adjusted EBITDA* loss of $2.5 million contributed by reduced revenues, AR write-offs of $1.5 million and deferred... More