SciQuest, which recently completed a reverse stock split to regain its listing on Nasdaq, reported a slight increase in income for the second quarter.
Revenues were $1.8 million, up from $1.7 million in the first quarter and the same revenue as reported as a year ago.
SciQuest (Nasdaq: SQST) reported a total loss of $4.6 million, including non-cash and other charges, or $1.20 per share.
The company also reduced operating expenses some $900,000 to $4 million for the quarter.
SciQuest: www.sciquest.com
