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Creative Computer Applications Inc. announces financial results.


CALABASAS, Calif.--(BUSINESS WIRE)--July 10, 1996--Creative Computer Applications Inc. (ASE (Adaptive Server Enterprise) A relational DBMS from Sybase that runs on Windows NT/2000, Linux and a variety of Unix platforms. ASE is a comprehensive and robust data management product with a long history dating back to the late 1980s. :CAP), a provider of Clinical Information Systems for hospitals and clinic-based laboratories, pharmacies This article is a list of major pharmacies (also known as chemists and drugstores) by country. Australia
Pharmacies in Australia are mostly independently-owned by pharmacists, often operated as franchises of retail brands offered by the three major
 and radiology radiology, branch of medicine specializing in the use of X rays, gamma rays, radioactive isotopes, and other forms of radiation in the diagnosis and treatment of disease.  departments, Wednesday announced sales and earnings for its third fiscal quarter and nine months ended May 31, 1996.

Net sales Net Sales

The amount a seller receives from the buyer after costs associated with the sale are deducted.

Notes:
This amount is calculated by subtracting the following items from gross sales: merchandise returned for credit, allowances for damaged or missing goods, freight
 for the third fiscal quarter ended May 31, 1996, increased 77 percent to $1,484,024, compared with net sales of $837,896 in the same quarter a year ago. The company reported net income of $31,915, or 1 cent per share, compared with a net loss of $473,040, or 14 cents per share Cents per share

The amount of a mutual fund's dividend or capital gains distributions that a shareholder will receive for each share owned.
, in the same quarter a year ago.

Weighted average common shares and common-share equivalents outstanding were 3,321,924 for the current fiscal quarter, compared with 2,602,777 one year ago.

Net sales for the nine months ended May 31, 1996, increased 8 percent to $4,647,349, compared with net sales of $4,301,625 in the same nine-month period one year ago. The company reported net income of $282,927, or 10 cents per share, compared with a net loss of $145,990, or 6 cents per share, in the same nine-month period one year ago.

Weighted average common shares and common-share equivalents outstanding were 3,321,924 for the current nine-month period, compared with 2,424,062 one year ago.

A spokesperson for the company stated: ``The results for the quarter and nine-month period reflect the company's success in placing new integrated clinical applications for lab, pharmacy pharmacy, art of compounding and dispensing drugs and medication. The term is also applied to an establishment used for such purposes. Until modern times medication was prepared and dispensed by the physician himself. In the 18th cent.  and radiology systems.

``The company has experienced marked increases in gross margins as a result of consummating more software-only sales. Service revenues will also continue to increase as a greater number of customers' sites go on-line.''

CONTACT: Creative Computer Applications Inc., Calabasas

Steven M. Besbeck, 818/880-6700, ext. 252
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 10, 1996
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