Computer Firm Tells of Decline in Profits

Creative Computer Applications Inc., which sells information systems for health care companies, reported a 56% decrease in net income for its first quarter that ended Nov. 30, to $44,244, compared with $101,032 for the prior year’s quarter.

However, the Calabasas-based company reported a 17% increase in revenues for the quarter, to $1.4 million, compared with $1.2 million in the same period a year earlier.

The company blames the reduction in net income on expenses associated with an acquisition.