Altigen Comm Stock Price, News & Analysis

Altigen Communications Inc. (ATGN) has achieved certification as a Microsoft End Customer Investment Funds (ECIF) vendor. The ECIF program is designed to help Microsoft partners drive customer adoption of Microsoft solutions by providing financial support for various activities. This certification enables Altigen to offer customers:

- Financial assistance to reduce implementation costs
- Training support for Microsoft cloud solutions adoption
- Access to advanced technologies including Azure AI, Microsoft 365 Development, and Teams Phone Deployment

As an ECIF-certified supplier, Altigen can now deliver solutions with Microsoft's financial backing while increasing its visibility with Microsoft field teams.

Altigen Communications Inc. (OTCQB:ATGN) has received 100% positive customer feedback for CoreEngage, its native Microsoft Teams contact center solution launched in Q3 2024. The platform has been successfully deployed across various sectors including legal services, manufacturing, education, engineering, and medical technology.

CoreEngage integrates seamlessly with Teams Phone and Microsoft 365, offering voice routing, queuing, and multi-channel capabilities including Chat, Email, SMS, WhatsApp, and Facebook Messaging. The solution leverages Azure AI for advanced features like sentiment analysis, conversation summaries, language translation, and quality management.

The company sees significant potential in the financial services market, particularly among its existing base of over 1,500 banks and credit unions currently using Altigen's IVR and UCaaS platforms. CoreEngage is distributed through Altigen's global partner network.

Altigen Technologies reported positive Q2 2025 financial results, marking its fourth consecutive profitable quarter. The Silicon Valley-based Microsoft Cloud Communications provider saw net revenue increase 4% to $3.5 million compared to Q2 2024.

Key performance metrics include:

• Cloud services revenue declined 8% to $1.7 million
• Service and Other revenue grew 31% to $1.6 million
• Gross margin improved to 62% from 60%
• GAAP net income reached $287,000, compared to previous year's loss of $236,000

CEO Jeremiah Fleming highlighted the company's successful digital transformation efforts, which led to reduced operating expenses. The company's operating margin improved to 8.1% in Q2 2025, up from -7.2% in Q2 2024. Management expects continued top-line revenue improvements in upcoming quarters.

Altigen Technologies (OTCQB:ATGN), a Microsoft Cloud Communications Solutions provider based in Silicon Valley, has scheduled its second quarter fiscal year 2025 earnings announcement for Tuesday, April 29, 2025, after market close.

The company will host a conference call and webcast at 2:00 p.m. Pacific Time (5:00 p.m. ET) on the same day. Investors can access the call through toll-free (877-545-0523) or international (973-528-0016) numbers using access code 531611. A replay will be available until May 6, 2025, and the webcast recording will be accessible until July 29, 2025.

Altigen Technologies (ATGN) reported its first quarter fiscal 2025 results, marking its second consecutive profitable quarter. The company achieved a 4% increase in net revenue to $3.4 million compared to Q1 2024. While cloud services revenue declined 9% to $1.7 million, Service and Other revenue saw a significant 37% increase to $1.4 million.

The company's gross margin improved to 63% from 60% year-over-year, and GAAP net income reached $87,000, compared to a loss of $346,000 in the previous year. The Microsoft Cloud Communications Solutions provider noted that their digital transformation efforts are showing positive results, particularly in reducing operating expenses.

Altigen Technologies (OTCQB:ATGN), a Microsoft Cloud Communications Solutions provider based in Silicon Valley, has scheduled its first quarter fiscal year 2025 earnings conference call for Thursday, February 27, 2025. The company will release its financial results after market close, followed by a conference call at 2:00 p.m. Pacific Time (5:00 p.m. ET).

The earnings call will be accessible via phone using toll-free number 888-506-0062 (International: 973-528-0011) with participant access code 451744. A webcast option is also available, and a teleconference replay will be accessible until March 6, 2025.

Altigen Technologies (ATGN) reported its fiscal 2024 results with fourth-quarter revenue reaching $3.7 million, a 7.3% increase from the previous year, marking a 12-year high. The company's full-year revenue was $13.6 million, slightly down from $13.7 million in FY2023.

Key financial metrics for FY2024 include services revenue of $5.1 million (up 19.9%), cloud services revenue of $7.1 million (down 7.3%), and gross margin of 61.6% (down from 63.2%). GAAP net income was $1.6 million with diluted EPS of $0.06, primarily due to a $1.8 million non-cash tax benefit. Non-GAAP net income was $0.5 million with diluted EPS of $0.02.

Altigen Technologies (OTCQB:ATGN), a Microsoft Cloud Communications Solutions provider, has scheduled its fourth quarter and fiscal year 2024 earnings conference call for December 12, 2024. The company will release its financial results after market close, followed by a conference call at 2:00 p.m. Pacific Time (5:00 p.m. ET). Investors can access the call through toll-free (888-506-0062) or international (973-528-0011) numbers using participant code 182309. A webcast will also be available, and a replay can be accessed using dedicated dial-in numbers.

Altigen Technologies (OTCQB:ATGN), a Silicon Valley-based Microsoft Cloud Communications Solutions provider, reported its Q3 fiscal 2024 results. Net revenue was $3.3 million, down from $3.4 million in the prior year quarter. Gross margin decreased to 60.7% from 63.3% year-over-year. The company reported a GAAP net income of $0.06 million ($0.00 per diluted share), compared to a net loss of ($0.2) million (($0.01) per share) in Q3 2023. Non-GAAP net income was $0.2 million ($0.01 per diluted share), an improvement from a non-GAAP net loss of ($0.07) million in the previous year.