Contact Us Today! (215) 853-2266

Bardissi Enterprises Blog

Bardissi Enterprises has been serving the Hatfield area since 2000, providing IT Support such as technical helpdesk support, computer support, and consulting to small and medium-sized businesses.

ALTIGEN COMMUNICATIONS REPORTS FIRST QUARTER FISCAL 2008 RESULTS

- Delivers revenue of $4.3 million and record deferred revenue of $1.3 million
 - Reaffirms guidance of annual fiscal 2008 revenue growth of 20% – 25%


Fremont, CA – Jan. 23, 2008 – AltiGen Communications, Inc. (Nasdaq: ATGN), a leading provider of VoIP business phone systems and Unified Communications solutions for small-to-medium businesses (SMBs), including companies with multiple distributed locations, branch offices and call centers, reported its financial results for the fiscal 2008 first quarter ended December 31, 2007.Gilbert Hu, AltiGen’s CEO, said, “During the quarter, we made headway implementing our growth plan. While we posted quarterly revenue of $4.3 million, compared to $4.4 million reported for the same quarter last year, due to successful efforts to initiate our new software assurance program, we closed the quarter with record deferred revenue of $1.3 million, up from $565,000 at Sept. 30, 2007. Our software assurance program establishes a new recurring revenue stream while strengthening our customer relationships and creating additional sell-in opportunities. We continue to have a significant opportunity to upgrade our entire customer base.”Jeremiah Fleming, AltiGen’s president and COO, stated, “We are broadening our distribution channel and increasing our exposure to resellers. In December, we initiated our training kick-off with Jenne Distributors, Inc., and due to the demand, we have already doubled our training course capacity. Additionally, we are extending our relationships with our existing distributors. One of our long-term distributors has moved from a support role to a proactive sales role and is conducting reseller recruiting and user demand generation activities. Finally, as planned, we are expanding internationally and signed a new distribution agreement with Techland Group in the United Kingdom.”“In addition, in January, we launched a new unit, AltiGen Communications Financing (ACF), to provide our customers one point of contact to deliver a total solution – equipment services and financing in one package under the AltiGen brand. Our goal is to increase long-term revenue streams by providing customers an easy financing option.”
Continue reading
0 Comments

Mobile? Grab this Article!

QR-Code dieser Seite

Blog Archive

Recent Comments

Tip of the Week: Which Headphones are Right for Your Needs?
23 April 2018
I will recommend Plantronics Backbeat Pro 2 SE Noise cancelling Headset with it's Great features.
Gamification: Make Business Fun for Everyone
27 January 2017
The world is based on the games. There are many types of games as per the aussie essay writing servi...
Let's Talk Tablets
12 January 2017
The concept of tablet is far better than that of PC because you can bring them with you everywhere a...
Tip of the Week: Tweak Your Workday in These 4 Ways and See Major Results
12 January 2017
The only thing will I will say regarding this blog is that it is very helpful at least for me. As I ...
WatchGuard Releases Version 10.2.7 for WSM, Edge, Fireware, and Fireware Pro
23 December 2016
I really needed to know about the fireware but i was confused that where can i find information abou...