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Park City Group reports drop in quarterly revenues

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PARK CITY — Software developer and marketer Park City Group Inc. on Wednesday reported revenues of $585,895 for the 2007 fiscal first quarter ended Sept. 30, compared to revenues of $3,698,865 in the same period of fiscal 2006.

Revenues for the three months ended Sept. 30, 2005, were impacted by effects of a large software license sale.

For the first quarter of fiscal 2007, the company reported a net loss of $544,064, down from net income of $2.2 million in the same period a year earlier.