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Broadband

NFon reiterates FY outlook as revenues climb 21.7% in H1

Thursday 20 September 2018 | 10:22 CET | News
NFon, a cloud telephony provider based in Munich, has reiterated its positive outlook for the full year after reporting a set of results for the first half in line with expectations. Revenues for the half lifted 21.7 percent from the year before to EUR 20.6 million, with recurring revenues within forecast at 79.9 percent, up from the 75.6 percent the year earlier. The company attributed growth to the steadily increasing number of seats, or number of customer extensions. These lifted 30.0 percent year-on-year to 287,998.

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Categories: Internet
Companies: Nfon
Countries: Germany
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