Astea International Inc. (Nasdaq:ATEA) released financial results for the second quarter of 2011. For the quarter ended June 30, 2011, Astea reported revenues of $6.1 million which were 33% greater than revenues of $4.6 million for the same period in 2010. Net loss available to shareholders for the quarter was $.8 million or ($.24) per share, compared to a net loss of $1.3 million or ($.37) per share for the same period in 2010. Software license revenues of $1.0 million were 41% higher than revenues of $.7 million for the same period in 2010. Service and maintenance revenues of $5.1 million were 31% higher when compared to revenues of $3.9 million for the same period in 2010.

Astea International Inc. develops, markets, and supports service management software solutions worldwide. It licenses its solutions to various companies that sell and service equipment, and/or sell and deliver professional services.

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