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Sonic Foundry posts explosive growth, though still operating at a loss

Madison, Wis. Sonic Foundry reported revenue up 86 percent and a narrowed net loss for its fiscal year. The company makes multimedia presentation hardware and software for business, government and education.

Revenue for 2005 was $8.3 million, compared to last year's $4.4 million. The company still had a $4.2 million net loss, a slight improvement over last year's $5.4 million loss......

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Source:wistechnology.com By WTN News 12/28/05


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