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Streamline Health Solutions (STRM +1.5%) moves up today despite missing on its Q3 bottom line...
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Thursday, December 13, 2012, 1:47 PM ETStreamline Health Solutions (STRM +1.5%) moves up today despite missing on its Q3 bottom line result this morning. The company blames the miss on its acquisition of Meta Health Technology earlier this year, for which, despite being a strategic positive, the accounting treatment for the transaction negatively impacted EPS. Revenue mananged to beat however, for which the company says is largely attributable to increases in recurring SaaS revenues.
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