Quality Systems Posts $103,500 Gain

Quality Systems Inc., the Tustin provider of computer-based information processing systems for medical and dental groups, said second-quarter profit totaled $103,500, or 2 cents a share, compared with $29,700, or 1 cent a share, for the like period last year. Revenue for the quarter ended Sept. 30 declined 7%, to $2.5 million from $2.7 million. For the first half, net income was $171,800, or 4 cents a share, 51% higher than the $113,700, or 3 cents a share, recorded for the six-month period last year. Revenue fell 11%, to $5 million from $5.6 million. The company said the revenue decline was because of decreases in the sale of upgrades.