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Stock Market & Financial Investment News

News Breaks
November 21, 2012
08:03 EDTTISATop Image Systems signs six-figure contract with a major German newspaper company
Top Image Systems announced that a major German newspaper company has signed a six-figure contract to deploy the eFLOW Invoice Reader solution for processing of both paper and electronic invoices. The current project marks the first of three large projects in the arena of invoice and procurement management.
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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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