Sonic Foundry reports mixed results
For the second quarter in a row, Madison-based Sonic Foundry saw record revenues, but profits dipped compared to last year. For its fiscal third quarter ending June 30, Sonic reported net income of $33,000 (1 cent/share) on revenues of $11.3 million. A year ago, the company posted a net income of $40,000 (1 cent/share) on revenues of $8 million. Sonic Foundry’s Mediasite technology streams and archives online presentations.