Altigen Communications, Inc. Reports Earnings Results for the Third Quarter Ended June 30, 2021
October 01, 2021 at 06:21 am
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Altigen Communications, Inc. announced earnings results for the third quarter ended June 30, 2021. For the third quarter, the company announced total revenue was USD 2.848 million compared to USD 3.018 million a year ago. Operating income was USD 179,000 compared to USD 430,000 a year ago. Net income was USD 982,000 compared to USD 426,000 a year ago. Basic earnings per share from continuing operations was USD 0.04 compared to USD 0.02 a year ago. For the nine months, total revenue was USD 8.196 million compared to USD 8.795 million a year ago. Operating loss was USD 92,000 compared to operating Income of USD 1.417 million a year ago. Net income was USD 701,000 compared to USD 1.425 million a year ago. Basic earnings per share from continuing operations was USD 0.03 compared to USD 0.06 a year ago.
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.