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Sonic Foundry reports GAAP loss as Q2 revenues rise

Madison, Wis. - Sonic Foundry has reported a GAAP loss of $1.9 million, or five cents per share, for the second quarter of fiscal 2007, but the company's quarterly revenues continue to rise.

Sonic Foundry, developer of the Mediasite communications technology, said its Q2 net loss compares to a GAAP loss of $947,000, or three cents per share......

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Source:wistechnology.com By WTN Media 05/02/07


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