Altigen Communications, Inc. Reports Third Quarter Fiscal 2021 Results
ACCESSWIRE
28 Jul 2021, 06:19 GMT+10
MILPITAS, CA / ACCESSWIRE / July 27, 2021 / Altigen Communications, Inc. (OTCQB:ATGN), a Silicon Valley-based Unified Communications as-a-service (UCaaS) and Contact Center as-a-service (CCaaS) Cloud Solutions provider for Microsoft Teams, today announced financial results for the third quarter ended June 30, 2021.
Third Quarter Fiscal 2021 Results
Net revenue totaled $2.8 million, a 6% sequential increase from the second fiscal quarter and a 6% decrease compared to last year;
Cloud services revenue of $2.0 million, a 6% sequential increase from the second fiscal quarter and a 1% decrease compared to last year;
Gross margin of 70.0% versus 72.8% in the second fiscal quarter and 77.4% compared to last year;