Altigen Communications, Inc. Reports Earnings Results for the Full Year Ended September 30, 2023
January 23, 2024
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Altigen Communications, Inc. reported earnings results for the full year ended September 30, 2023. For the full year, the company reported revenue was USD 13.68 million compared to USD 11.89 million a year ago. Net loss was USD 3.32 million compared to USD 0.698 million a year ago.
Basic loss per share from continuing operations was USD 0.14 compared to USD 0.03 a year ago. Diluted loss per share from continuing operations was USD 0.14 compared to USD 0.03 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.