Altigen Communications, Inc. Reports Earnings Results for the Second Quarter Ended March 31, 2021
July 04, 2021 at 01:32 pm EDT
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Altigen Communications, Inc. announced earnings results for the second quarter ended March 31, 2021. For the second quarter, the company announced total revenue was USD 2.687 million compared to USD 2.933 million a year ago. Operating loss was USD 326,000 compared to operating Income of USD 493,000 a year ago. Net loss was USD 336,000 compared to net income of USD 497,000 a year ago. Basic loss per share from continuing operations was USD 0.01 compared to basic earnings per share from continuing operations of USD 0.02 a year ago. For the half year, total revenue was USD 5.348 million compared to USD 5.777 million a year ago. Operating loss was USD 270,000 compared to operating Income of USD 987,000 a year ago. Net loss was USD 280,000 compared to net income of USD 999,000 a year ago. Basic loss per share from continuing operations was USD 0.01 compared to basic earnings per share from continuing operations of USD 0.04 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.
ALTIGEN COMMUNICATIONS, INC. 