Software Firm Turns Profit In Q3

Software developer CaminoSoft Corp. returned to profitability for the third quarter when compared to a year ago. The Westlake Village-based firm reported net income of $71,000, or $0.005 per diluted share, on revenues of $432,000 for the quarter ending June 30. For the same period a year ago, the company had a net loss of $67,000, or $0.005 per diluted share, on revenues of $695,000. For the nine months of the fiscal year, CaminoSoft had a net loss of $131,000, or $0.01 per diluted share, on revenues of $1.2 million. That is a decrease from the net loss of $410,000, or $0.03 per diluted share, on revenues of $1.7 million for the first nine months of the 2007 fiscal year.