BPO Management Services Inc. announced unaudited consolidated financial results for the third quarter and nine months ended September 30, 2009. For the quarter, the company's total revenues were $6,097,932 against $3,743,312 a year ago. Loss from operations was $3,882,232 against $1,066,717 a year ago. Loss before income taxes was $4,011,830 against $1,106,818 a year ago. Loss from continuing operations was $4,011,830 or $0.27 per basic and diluted share against $1,126,318 or $0.09 per basic and diluted share a year ago. Net loss was $4,215,684 or $0.28 per basic and diluted share against $1,862,406 or $0.15 per basic and diluted share a year ago. For the nine months, the company's total revenues were $19,572,447 against $11,166,690 a year ago. The change was also primarily due to the addition of the Healthcare business segment offset by decreases in the company's base business from professional services declines combined with a net drop in data center revenues as revenues from new customers have not yet exceeded declines from legacy customers. Loss from operations was $7,367,447 against $2,767,603 a year ago. Loss before income taxes was $7,772,235 against $2,902,485 a year ago. Loss from continuing operations was $7,787,835 or $0.51 per basic and diluted share against $2,966,437 or $0.24 per basic and diluted share a year ago. Net loss was $10,730,010 or $0.70 per basic and diluted share against $4,565,811 or $0.37 per basic and diluted share a year ago.

BPO Management Services Inc. announced consolidated financial results for the second quarter and six months ended June 30, 2009. For the quarter, the company's revenue increased 68% to $6.6 million from $3.9 million in the same quarter last year. The loss from operations for the quarter was $2.2 million, compared to $425,000 in the prior-year second quarter. The second quarter operating loss includes non-cash expenses, including depreciation and amortization of $1.0 million and the bad debt and restructuring charges. The net loss for the quarter was $5.0 million or $0.33 loss per basic and diluted share, which includes a loss from discontinued operations of $2.7 million, compared to a net loss of $931,000 or $0.08 loss per basic and diluted share in the second quarter last year. Loss before income taxes for the quarter was $2.35 million against $0.5 million for the same quarter last year. Loss from continuing operations for the quarter was $2.4 million against $0.5 million for the same quarter last year. Revenue for the six months ended June 30, 2009 increased by 82% to $13.5 million, compared to $7.4 million for the same period last year. The higher revenues in 2009 were due primarily to the addition of Healthcare segment from the Healthaxis merger. The loss from operations for the first six months of 2009 was $3.50 million, compared to $1.70 million in the prior-year period. Including the loss from discontinued operations of $2.7 million, the net loss for the six-month period was $6.50 million or $0.43 loss per basic and diluted share, compared to a net loss of $2.70 million or $0.2 loss per basic and diluted share for the last year. Loss before income taxes for the six months period was $3.76 million against $1.8 million for the same period last year. Loss from continuing operations for the six months period was $3.8 million against $1.84 million for the same period last year.

BPO Management Services Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2009. The Company increased total revenue by 41.2% to $10.3 million, inclusive of the new contribution of $3.6 million from its merger with Healthaxis, compared to $7.3 million for the first quarter last year, a period which included no contribution from Healthaxis. For the quarter, the company reported loss from operations of $1,304,759, net loss before income tax expense of $1,467,471, net loss of $1,475,271, or $0.10 per basic and diluted share, compared to loss from operations of $1,655,807, net loss before income tax expense of $1,727,620, net loss of $1,727,620, or $0.14 per basic and diluted share for the same period a year ago.