American Virtual Cloud Technologies, Inc.

AVCTQ

US0303822045

American Virtual Cloud Technologies, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2021

May 18, 2021 at 04:02 pm

American Virtual Cloud Technologies, Inc. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced total revenue was USD 27.167 million compared to USD 18.362 million a year ago. Operating loss was USD 13.048 million compared to USD 737,000 a year ago. Net loss was USD 22.627 million compared to USD 971,000 a year ago. Basic loss per share from continuing operations was USD 1.13 compared to USD 969.7 a year ago.

Latest news about American Virtual Cloud Technologies, Inc.

American Virtual Cloud Technologies, Inc. Went Out of Business	23-05-30	CI
First Amended Combined Liquidation Plan Approved for American Virtual Cloud Technologies, Inc.	23-05-23	CI
First Motion for Exclusivity Period Extension Approved For American Virtual Cloud Technologies, Inc.	23-05-22	CI
First Amended Combinmed Liquidation Plan and Disclosure Statement Filed by American Virtual Cloud Technologies, Inc.	23-05-22	CI
American Virtual Cloud Technologies, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-12	CI
First Motion for Exclusivity Period Extension Filed by American Virtual Cloud Technologies, Inc.	23-05-04	CI
American Virtual Cloud Technologies, Inc. Reports Earnings Results for the Full Year Ended December 31, 2022	23-04-07	CI
American Virtual Cloud Technologies, Inc. Auditor Raises 'Going Concern' Doubt	23-04-06	CI
Modified Combined Disclosure Statement Approved Conditionally for American Virtual Cloud Technologies, Inc.	23-04-06	CI
First Amended Combined Liquidation Plan and Disclosure Statement Filed by American Virtual Cloud Technologies, Inc.	23-04-05	CI
ZephyrTel, Inc. (Skyvera, LLC) completed the acquisition of substantially all of the assets of American Virtual Cloud Technologies, Inc. (OTCPK:AVCT.Q).	23-03-23	CI
Combined Liquidation Plan and Disclosure Statement Filed by American Virtual Cloud Technologies, Inc.	23-03-21	CI
Motion for Asset Sale Approved for American Virtual Cloud Technologies, Inc.	23-03-15	CI
Amended and Restated Asset Purchase Agreement Filed by American Virtual Cloud Technologies, Inc.	23-03-13	CI
Notice of Selection of Successful Filed for American Virtual Cloud Technologies, Inc.	23-03-06	CI
Stalking Horse Agreement Approved for American Virtual Cloud Technologies, Inc.	23-02-24	CI
ZephyrTel, Inc. (Skyvera, LLC) entered into a stalking horse asset purchase agreement to acquire Substantially all of the assets of American Virtual Cloud Technologies, Inc. (OTCPK:AVCT.Q) for $6.78 million.	23-02-14	CI
Bidding Procedure Approved for American Virtual Cloud Technologies, Inc.	23-02-05	CI
American Virtual Cloud Technologies, Inc.(OTCPK:AVCT.Q) dropped from NASDAQ Composite Index	23-01-19	CI
Motion for Asset Sale Filed by American Virtual Cloud Technologies, Inc.	23-01-17	CI
American Virtual Cloud Technologies, Inc.(NasdaqCM:AVCT) dropped from S&P TMI Index	23-01-17	CI
Motion for Joint Administration Approved for American Virtual Cloud Technologies, Inc.	23-01-12	CI
Top Midday Decliners	23-01-11	MT
American Virtual Cloud Technologies Files for Chapter 11 Bankruptcy; Shares Fall	23-01-11	MT
American Virtual Cloud Technologies, Inc. Filed for Bankruptcy	23-01-11	CI

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Company Profile

American Virtual Cloud Technologies, Inc. is a provider of global cloud communications. The Company offers Unified communications as a service (UCaaS), Communications Platform as a Service (CPaaS), and Contact center as a service (CCaaS). The Company is focused on offering a range of services including unified cloud communications, managed services, cybersecurity, and enhanced connectivity. The Company's subsidiary, Kandy Communications LLC, is a provider of cloud-based enterprise services. It deploys a carrier grade cloud communication platform that supports UCaaS, CPaaS and CCaaS for mid-market and enterprise customers across a multi-tenant, highly scalable cloud platform. The Company's Kandy platform enables service providers, enterprises, software vendors, systems integrators, partners, and developers to develop their applications and services with real-time contextual communications, providing an engaging user experience.

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