Daegis, the Roseville-based electronic discovery and information-management firm, today reported a loss of $65,000, or a penny a share, for its third quarter ended Jan. 31.
That compares with net income of $53,000 in the same quarter last year.
Third-quarter revenue was $10.4 million, compared with $11.1 million in the year-ago period.
Tim Bacci, interim CEO, is anticipating future growth, saying, "We're seeing increased sales traction in our eDiscovery business with new client wins and an expanding sales pipeline."
The company, formerly known as Unify Corp., renamed itself Daegis in July 2011, one year after spending $38 million to buy San Francisco software maker Daegis.
Electronic discovery generally refers to discovery in civil litigation in connection with exchanging information in an electronic format.