TouchStone Software 3rd-Quarter Revenue Drops 48%

TouchStone Software Corp. posted a loss for the third quarter as revenue dropped 48%.

The Huntington Beach software company said it lost $935,205, or 12 cents a share, for the three months, compared with a loss of $713,660, or 9 cents a share, for the same period last year. Revenue dropped to $748,956 from $1.4 million.

The company attributed the sales decline to its strategy to leave the anti-virus market.