STOCK TITAN

Altigen Communications Inc - ATGN STOCK NEWS

Welcome to our dedicated news page for Altigen Communications (Ticker: ATGN), a resource for investors and traders seeking the latest updates and insights on Altigen Communications.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Altigen Communications's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Altigen Communications's position in the market.

Rhea-AI Summary
Altigen Technologies (ATGN) announced the details for its second quarter fiscal year 2024 earnings call, scheduled for April 30, 2024. The conference call will discuss the financial results before the market opens, providing investors with insights into the company's performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.66%
Tags
-
Rhea-AI Summary
Altigen Technologies, a digital transformation solutions provider, will present at the Planet MicroCap Showcase: VEGAS 2024. The CEO and Chief Digital Transformation Officer will host the presentation and investor meetings. Access the live webcast on May 1, 2024, at 1:00 PM Pacific Time.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.56%
Tags
conferences
-
Rhea-AI Summary
Altigen Technologies (ATGN) reports a 6% decrease in net revenue to $3.2 million for the first quarter of fiscal 2024. Cloud services revenue increased by 4%, while GAAP net loss was ($0.3) million. Joe Hamblin joins as Chief Digital and Transformation Officer, with two executives resigning. The company attributes the revenue decrease to new product rollouts and organizational changes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.74%
Tags
Rhea-AI Summary
Altigen Technologies (ATGN) secures a $12M contract extension with Connecticut Department of Transportation (CT DOT) for their innovative COMPASS project management system. The cloud-based solution has already improved project delivery for over 500 preconstruction and 180 construction projects. The new contract aims to further enhance operational efficiencies and reduce project management expenses.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.53%
Tags
none
-
Rhea-AI Summary
Altigen Communications, Inc. (ATGN) will announce its first quarter fiscal year 2024 financial results on February 22, 2024. A conference call will be held to discuss the results. Altigen is a leading Microsoft Cloud Communications Solutions provider based in Silicon Valley.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.41%
Tags
-
Rhea-AI Summary
Altigen Communications, Inc. (OTCQB:ATGN) has rebranded as Altigen Technologies, focusing on digital transformation solutions and services. The company has grown its customer base in the financial services industry and aims to leverage AI to drive digital transformation for businesses of all sizes. Altigen Technologies also introduced a modernized logo and revamped website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.33%
Tags
none
Rhea-AI Summary
Altigen Communications, Inc. (ATGN) announced its financial results for the fourth quarter and year ended September 30, 2023. Full Year Highlights include a 15% increase in net revenue to $13.7 million, a 117% increase in services revenue to $4.3 million, and a decrease in gross margin to 63.2%. Fourth Quarter Highlights include a net revenue of $3.5 million and a decrease in gross margin to 62.4%. The company reported a GAAP net loss of $3.3 million for the full year and $2.8 million for the fourth quarter.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.23%
Tags
-
Rhea-AI Summary
Altigen Communications, Inc. (OTCQB:ATGN) to report Q4 and FY 2023 financial results on December 14, 2023. The company will also hold a conference call to discuss the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.59%
Tags
-
Rhea-AI Summary
Altigen Communications announces a major new release of CoreInteract, the Enterprise Customer Engagement platform for Microsoft Teams. The release includes seamless Teams integration, scalability improvements, and geographic synchronization. CoreEngage, the end user application, also receives valuable updates. Preview features include Call Wrap-Up and Callback from Queue.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.67%
Tags
none
Rhea-AI Summary
Altigen Communications and Voxnube announce partnership to deliver Altigen's Microsoft Teams solutions in the UK and Europe
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.05%
Tags
partnership
Altigen Communications Inc

OTC:ATGN

ATGN Rankings

ATGN Stock Data

19.06M
20.10M
0.05%
Telephone Apparatus Manufacturing
Manufacturing
Link
United States
Milpitas

About ATGN

altigen communications, inc., a leading microsoft cloud solutions provider, delivers fully managed unified communications services, combining hosted skype for business, advanced cloud pbx, and innovative cloud contact center applications with seamless integration to office 365 for small-to-medium sized businesses and enterprises. our unique and feature rich cloud pbx and multi-channel contact center solutions natively integrate with skype for business and office 365 to deliver business-critical functionalities required by smbs and enterprises. deployed as a turn-key managed service, altigen’s cloud unified communications solution greatly simplifies deployment and management while enabling smbs and enterprises to substantially reduce costs and lower total cost of ownership. in addition, our all-software solution offers businesses the flexibility to deploy on-premises, in the cloud, or in a hybrid environment. altigen’s worldwide headquarters is in silicon valley, california. local sales