Aspyra, Inc., Calabasas-based provider of clinical and diagnostic information systems for healthcare, lost $1.8 million, or $0.15 per share on sales of $2.7 million for the first quarter of the 2006 fiscal year. For the same period of the 2005 fiscal year, Aspyra was lost $186,964, or $0.06 per share on sales of $1.8 million. Steven M. Besbeck, Aspyra president and CEO, said in a statement that the operating losses were a result of two factors. Besbeck said, “(Aspyra) experienced delays related to implementation of systems, which prevented it from recognizing revenue on many of its sales.” Besbeck said the second factor resulting in operating losses was the restructuring costs of the merger completed in November 2005 between Creative Computer Applications, a provider of clinical information systems and StorCOMM, Inc., provider of clinical image management systems, which resulted in the formation of Aspyra. Besbeck said he expects Aspyra will be able to reduce costs as it continues to restructure the company over the next two fiscal quarters.
