How did STRM's revenue and expenses trend in Q3 2025?

Streamline Health Solutions (STRM) experienced a decline in revenue and a reduction in net loss for Q3 2025 compared to the same period in the previous year, reflecting strategic improvements despite ongoing financial challenges.

1. Revenue Trend: The total revenue for Q3 2025 was $4.4 million, down from $6.1 million in Q3 2024. This decline was primarily due to client non-renewals, but new SaaS contract implementations helped offset some of the revenue loss.
2. Expense Trend: The company's net loss for Q3 2025 was $2.5 million, a significant improvement from the net loss of $11.9 million in Q3 2024. This reduction in net loss indicates cost savings from restructuring efforts and operational improvements.
3. SaaS Performance: SaaS revenue contributed 66% to the total revenue in Q3 2025, highlighting the continued importance of this segment in supporting the company's financial performance. The company's focus on expanding client relationships and improving financial performance is a positive sign, suggesting that Streamline Health Solutions is moving in the right direction to reach operational profitability.