AltiGen Communications, Inc. Announces Unaudited Consolidated and Parent Financial Results for the First Quarter Ended December 31, 2013
January 27, 2014 at 04:05 pm
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AltiGen Communications, Inc. announced unaudited consolidated and parent financial results for the first quarter ended December 31, 2013. For the quarter, on consolidated basis the company reported net revenue of $3.068 million against $3.835 million a year ago. Operating loss was $0.364 million against $0.060 million a year ago. Net loss before tax was $0.364 million against $0.044 million a year ago. Net loss after tax was $0.365 million or $0.02 per diluted share against $0.045 million or $0.00 per diluted share a year ago.
The parent company recorded revenues of $2.4 million in the first fiscal quarter, with a net operating loss of $174,000 and a cash operating loss of $136,000.
Altigen Communications, Inc. is a Microsoft independent software vendor (ISV) and cloud solutions provider (CSP) of cloud-based Internet protocol-private branch exchange (IP-PBX), departmental call center and corporate contact center solutions. The Company is engaged in designing, developing, marketing, and supporting integrated communications solutions. The Company operates through two segments: North America and Rest of World. Its solutions portfolio is divided into two key categories: Hosted Enterprise Cloud Communications Services and Premise-Based Business Communications Solutions. Its Hosted Unified Communications Solutions and Services include Hosted Skype for Business, MaxACD Cloud Contact Center, MaxCS Cloud PBX and Session Initiation Protocol (SIP) Trunking Service. Premise-Based Business Communications Solutions include MaxCS Cloud PBX, MaxACD Voice Over Internet Protocol (VoIP) Contact Center and MaxACD Contact Center for Microsoft Skype for Business.
ALTIGEN COMMUNICATIONS, INC. 
