Park City Group: Fiscal 1Q Earnings Snapshot
SALT LAKE CITY (AP) _ Park City Group Inc. (PCYG) on Thursday reported fiscal first-quarter net income of $966,000.
The Salt Lake City-based company said it had net income of 4 cents per share. Earnings, adjusted for stock option expense and costs related to mergers and acquisitions, came to 5 cents per share.
The software-as-a-service provider posted revenue of $5.9 million in the period.
Park City Group shares have dropped 14 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $8.26, a decrease of 27 percent in the last 12 months.