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Altigen Communications, Inc. (ATGN) delivers innovative cloud communication solutions through its Microsoft-integrated platforms. This news hub provides investors and industry professionals with timely updates on corporate developments, financial milestones, and technology advancements.
Access authoritative reporting on earnings announcements, product launches, and strategic partnerships. Our curated collection features press releases and third-party analyses covering key operational areas including cloud PBX deployments, contact center innovations, and digital transformation initiatives.
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- Industry recognition and leadership changes
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Altigen Communications (OTCQB:ATGN) reported its financial results for the fourth quarter and fiscal year ending September 30, 2021. The fourth quarter net revenue decreased to $2.8 million from $3.0 million year-over-year, with cloud services revenue at $2.0 million, down from $2.1 million. Gross margin also fell to 71.4% from 77.2%. The company posted a GAAP net loss of $1.2 million and diluted loss per share of ($0.05). For the full fiscal year, net revenue was $11.0 million, down from $11.8 million, with a GAAP net loss of $0.5 million.
Altigen Communications, Inc. (OTCQB:ATGN) will release its fourth quarter and fiscal year 2021 financial results on December 7, 2021, after market close. A conference call is scheduled for 2:00 PM PT (5:00 PM ET) the same day, featuring CEO Jeremiah Fleming and VP of Finance Carolyn David. Participants can join via phone or webcast, with a replay available afterward. Altigen specializes in Cloud-based Unified Communications solutions leveraging Microsoft technologies, aiming to provide comprehensive managed services.
Altigen Communications Inc. (OTCQB:ATGN) will present at the 6th annual MicroCap Leadership Summit on September 24, 2021, at 9:40 AM ET. The company's President and CEO, Jeremiah Fleming, will lead the presentation. This virtual event, hosted by MicroCapClub, will see Altigen among ten selected companies showcasing their offerings to over 100 investors worldwide. The presentation will be available on the Altigen website post-event. For more details about the summit, visit MicroCapClub.
Altigen Communications (OTCQB:ATGN) reported its third-quarter financial results for the period ended June 30, 2021. Net revenue reached $2.8 million, reflecting a 6% sequential increase but a 6% decline year-over-year. Cloud services revenue stood at $2.0 million, up 6% sequentially but down 1% from the previous year. Gross margin decreased to 70.0% compared to 72.8% in Q2 and 77.4% a year ago. GAAP net income was $0.9 million ($0.04 per share), benefiting from a one-time gain. Non-GAAP net income fell to $0.5 million ($0.02 per share). Cash reserves were $6.5 million.
Altigen Communications, Inc. (OTCQB:ATGN) will release its third quarter fiscal year 2021 financial results on July 27, 2021, after market close. A conference call is scheduled for 2:00 p.m. PT (5:00 p.m. ET) to discuss these results, featuring President and CEO Jeremiah Fleming and VP of Finance Carolyn David. Investors can join the call by dialing (877) 407-8031 domestically or (201) 689-8031 internationally. A live webcast and replay options will also be available on their website.
Altigen Communications Inc. (OTCQB:ATGN), a Silicon Valley-based Microsoft ISV and Cloud Solutions provider, will present at the Access to Giving Virtual Conference on July 14, 2021, at 1 p.m. ET. CEO Jerry Fleming will lead the presentation, which is free for all registrants. Attendees can access more information and schedule one-on-one meetings by visiting the conference's website. The conference aims to connect investors with companies for charitable donations. Altigen offers Cloud-based Unified Communications solutions built on Microsoft technologies.
Altigen Communications (OTCQB:ATGN) has launched CoreInteract, an AI-driven platform for Microsoft Teams, enhancing enterprise customer engagement. This platform integrates various communication channels, including inbound call routing, screen pops for applications like Dynamics 365, and real-time performance dashboards, all within Teams. Future updates will add SMS and social media support. The platform aims to simplify customer interactions and improve employee productivity by removing the need for multiple applications. Altigen positions CoreInteract as a game-changer for organizations adopting Microsoft Teams.
Altigen Communications reported its second-quarter financial results for the period ending March 31, 2021. The company generated a net revenue of $2.7 million, a decrease from $2.9 million year-over-year. Cloud services revenue slightly increased to $1.85 million, while legacy products revenue fell to $0.8 million. The gross margin decreased to 72.8%, compared to 75.9% last year. The company faced a GAAP operating loss of ($0.3 million), down from an operating income of $0.5 million last year, attributed to one-time litigation expenses.
Altigen Communications, Inc. (OTCQB:ATGN), a Microsoft ISV and Cloud Solutions provider, is set to announce its second quarter fiscal year 2021 financial results on April 22, 2021, after market close. A conference call will follow at 2:00 p.m. PT (5:00 p.m. ET) hosted by CEO Jeremiah Fleming and VP of Finance Carolyn David. Investors can listen via phone or through a live webcast on the company's website. The replay will be available for a month post-call.
Altigen Communications (OTCQB:ATGN) will announce its fourth quarter and fiscal year 2020 financial results on December 3, 2020, post-market close. A conference call is scheduled for 2:00 p.m. PT (5:00 p.m. ET), where CEO Jeremiah Fleming and VP of Finance Carolyn David will discuss the results. Investors can listen via teleconference or a live webcast. Replay details will be available for an hour post-call until January 3, 2021. The company specializes in Microsoft Cloud Solutions, enhancing business communication through cloud-based unified communications.