SofTech, Inc. reported earning results for the second quarter and six months ended November 30, 2014. For the quarter, the company reported total revenue of $1,027,000 compared to total revenue of $1,414,000 for the same period a year ago. Operating loss was $288,000 compared to operating profit of $601,000 last year. Loss from operations before income taxes was $379,000 compared to income from operations before income taxes $514,000 last year. Net loss was $379,000 or $0.44 per basic and diluted share compared to net income of $514,000 or $0.59 per basic and diluted share last year. LBITDA was $139,000 compared to EBITDA of $3,920,000 last year.

For the six months, the company reported total revenue of $1,891,000 compared to total revenue of $2,790,000 for the same period a year ago. Operating loss was $782,000 compared to operating income of $419,000 last year. Loss from operations before income taxes was $952,000 compared to income from operations before income taxes $248,000 last year. Net loss was $952,000 or $1.08 per basic and diluted share compared to net income of $248,000 or $0.28 per basic and diluted share last year. LBITDA was $507,000 compared to EBITDA of $3,797,000 last year.