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AltiGen Communications, Inc : Altigen to Present at the Virtual MicroCap Leadership Summit

Altigen Communications, Inc Reports Third Quarter Fiscal 2021 Results

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;

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