Epiq Systems reports quarterly revenue gain

Epiq Systems Inc. on Monday reported a 13 percent increase in second-quarter revenue and a smaller loss compared with year-earlier results.

The Kansas City, Kan.-based electronic legal services company said quarterly revenue climbed to $130.6 million from $115.4 million in last year’s second quarter. Revenue increased in the company’s two main business segments — technology, and bankruptcy and settlement administration.

The quarterly loss of $3.2 million was down slightly from 2014’s $3.4 million loss for the three months that ended June 30. Epiq said the latest loss was partly due to expenses related to its recent acquisition of Iris Data Services.

The Star

This story was originally published August 3, 2015 at 6:11 PM with the headline "Epiq Systems reports quarterly revenue gain."