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January 15, 2014
08:44 EDTTISATop Image partners with Proge-Software
Top Image Systems has partnered with Proge-Software S.r.l. to market a joint TIS eFLOW capture & workflow and Proge-Software document processing solution. The joint solution was selected for a banking process automation project at an important Italian bank that manually processed receipt of many multiple-page documents, each containing several orders, either at a central shared service center or via outside agencies.
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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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