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CounterPath revenue up 42% to USD 4 mln in Q4

Monday 20 July 2020 | 20:27 CET | News
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CounterPath reported revenues for its fourth quarter to 30 April up 42 percent year-on-year to USD 4.0 million. Subscription, support and maintenance revenue (revenue of a recurring nature) grew by 25 percent year-over-year to USD 1.8 million, and billings (revenue plus change in deferred revenue) increased by 79 percent to a record USD 5.0 million. The gross margin was 85 percent in the fourth quarter, unchanged year-on-year. 

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Categories: Fixed
Companies: CounterPath
Countries: World
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