Irvine-based Quality Systems Inc. on Thursday said that its third-quarter profit was up 56% from last year, beating Wall Street’s expectations.
Quality, which makes software to help doctors and dentists manage their practices, earned $5.8 million, compared to $3.7 million a year ago. Quality’s revenue jumped 39% to $29.5 million from last year.
Analysts expected Quality to earn $5.2 million on sales of $29 million in the third quarter.
Quality has been one of the hottest stock performers among OC public companies this year. It also has been embroiled in a battle over board and management compensation with Ahmed Hussein, an Egyptian businessman who owns about 18% of the company.
Company shareholders eventually elected Hussein and a fellow dissident candidate to Quality’s board of directors in late September.
