Revenue from its cloud business—largely based on Dynamics—dropped to $29.6 million from $30.2 million in last year’s corresponding period. The company attributed the revenue decline to reduced market demand within professional services and a corresponding reduction in revenue-generating headcount. Quisitive sold its LedgerPay payments business for $27 million in shares of the purchaser, Fulcrum IT Partners, in January, and its BankCard USA to a group including that operation’s employees for $40 million in cash in April. For the third quarter ended September 30, the payments business comprised 26 percent of total revenue. Quisitive lost $1.9 million from continuing operations for the most recently ended period, compared to a loss of $3.1 million a year ago. The company had income from its discontinued operations of $9.4 million for the quarter, compared to a $263,000 loss a year ago. Overall, Quisitive reported net income of $7.4 million, compared to a loss of $3.4 million.