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CounterPath sales down 16% to USD 2.6 mln, grows recurring revenue in Q3

Tuesday 19 March 2019 | 09:05 CET | News
Vancouver-based Unified Communications (UC) specialist CounterPath reported revenues down 16.1 percent year on year to USD 2.6 million compared to USD 3.1 million a year earlier in its third fiscal quarter to end-January 2019. The company's net less widened to USD 1.1 million, or USD 0.18 per share, compared to USD 0.8 million, or USD 0.14 per share in Q3 2018, while its net cash declined to USD 1.7 million from USD 2.3 million on 30 April 2018.

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Categories: Internet
Companies: CounterPath
Countries: World
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