Wizzard Software (NYSE:WZE) has released its fourth quarter and year-end earnings for fiscal 2009. The company’s revenues for the quarter were reported as $1,469,980, showing a 2% increase over the year ago period, which earned $1,440,719. The launch of Wizzard’s podcast App products attributed to the company’s revenue increase. Full year revenues for the 2009 were reported as $5,193,690. This is 15% less than the previous year’s revenues of $6,108,140. The decrease is due to a decrease in revenue in the company’s legacy healthcare business segment.
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Wizzard Software Corporation (Wizzard) provides software products and services that focus on speech recognition and text-to-speech technology, podcasting and home healthcare industry. Wizzard provides software programming tools and services that allow companies to incorporate speech technology into their products and services. It offers speech technology software programming tools and speech engines from AT&T and IBM, for which it receives a royalty for each licensed copy of these engines distributed with its customer's products and services. The Company’s products and services includes podcasting hosting and advertising services, speech tools and engine, Wizzard offers text-to-speech engines and home healthcare services. The Company’s core business is broken into three department, including podcasting sales and services, speech technology sales and services and healthcare services.
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