Nfon Ag Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 18, 2021
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NFON AG announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was EUR 19.006 million compared to EUR 16.389 million a year ago. Net loss was EUR 2.369 million compared to EUR 52,000 a year ago. Basic loss per share from continuing operations was EUR 0.15. For the half year, sales was EUR 37.882 million compared to EUR 32.777 million a year ago. Net loss was EUR 2.453 million compared to EUR 1.152 million a year ago. Basic loss per share from continuing operations was EUR 0.16 compared to EUR 0.08 a year ago. Diluted loss per share from continuing operations was EUR 0.15 compared to EUR 0.08 a year ago.
Nfon AG is a Germany-based company that provides cloud-based telephone systems. Its product and service offering includes primarily NFON Cloud Telephone System, a public multi-tenant PBX delivering servicing from the cloud, as well as specialist solutions. The Companyâs services enable communication for customers and their employees on various devices, including smartphones, tablets, personal computers, and desk phones. Its customers range from local small businesses to international large enterprises. The Company is active in various European countries, including Germany, Austria, Switzerland, the Netherlands, Poland, Hungary, the United Kingdom, Slovenia, Slovakia, Spain, Croatia, Romania and Portugal.