Astea International Incorporation announced earnings results for the third quarter and first nine months ended September 30, 2017. For the quarter, the company announced revenues of $6.5 million compared to revenues of $5.7 million for the same period in 2016. Net income to shareholders for the quarter was $0.1 million or $0.02 per share, compared to net income to shareholders of $23,000 or $0.01 per share for the same period in 2016. Adjusted EBITDA was negative $0.3 million for the third quarter of 2017, as it was for the same quarter last year.

For the first nine months, the company reported revenues of $18.4 million compared to revenues of $16.7 million for the same period of 2016. The net loss available to shareholders was $1.1 million or $0.30 per share compared to a net loss to shareholders of $2 million or $0.55 per share for the same period of 2016. Adjusted EBITDA was negative $0.5 million compared to negative $1.2 million for the same period of 2016.

The company provided earnings guidance for the fourth quarter and full year of fiscal 2017. The company expects to have a good quarter in the fourth quarter. The company expects to be profitable in the fourth quarter.

The company doesn't expect that it will enough profits to make the full year profitable.