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Stock Market & Financial Investment News

News Breaks
June 9, 2014
05:11 EDTTISA, CTASCintas, Top Image Systems form technology partnership
Cintas Document Management UK (CTAS) and Top Image Systems (TISA) announced forming a technology partnership to provide advanced Business Process Outsourcing, or BPO, solutions to the UK market leveraging TIS' enhanced mobile and cloud-ready applications and flexible business model. The BPO services will be delivered using TIS' recently launched eFLOW 5 technology driving best practice automated business process optimization solutions such as eFLOW Digital Mailroom, eFLOW INVOICE for AP Automation and other scan-to-process solutions.
News For CTAS;TISA From The Last 14 Days
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November 10, 2014
08:41 EDTTISATop Image Systems sees Q4 revenue $10.5M-$11.5M, consensus $11.56M
Michael Schrader, CEO, Top Image Systems, commented, "As we discussed on last quarter's conference call, in Q3, TIS incurred significant one-time expenses related mostly to transaction expenses, PMI costs, and accrual policy changes as well as to the legal fees related to the settlement of litigation with Mitek. The company expects to return to a more normalized expense level and profitability in the fourth quarter and projects that revenues will range between $10.5M-$11.5M and expenses will range between $9.3M-$9.7M."
08:40 EDTTISATop Image Systems reports Q3 EPS (10c), consensus (1c)
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