ACE*COMM Corporation (ACEC) Announces Preliminary Revenues for Q4
ACE*COMM Corporation (NASDAQ: ACEC) announced that based on a preliminary review of results for the fourth quarter ended June 30, the company expects to report revenue in the range of $3.8 to $4.0 million, an increase of approximately 26 - 30% over each of the prior three quarters. (No estimate available)
Jim Greenwell, ACE*COMM's Chief Executive Officer, commented "We are pleased with the improving results for the fourth quarter. Earlier in the year we announced a plan to concentrate our efforts on recurring-revenue opportunities, particularly in the area of wireless VAS. Since then we have secured partner relationships in our key strategic channels, and we are now supporting the deployment of four wireless operators - double our previous number - with our Patrol Suite® products, both directly and through our partners."
Jim Greenwell, ACE*COMM's Chief Executive Officer, commented "We are pleased with the improving results for the fourth quarter. Earlier in the year we announced a plan to concentrate our efforts on recurring-revenue opportunities, particularly in the area of wireless VAS. Since then we have secured partner relationships in our key strategic channels, and we are now supporting the deployment of four wireless operators - double our previous number - with our Patrol Suite® products, both directly and through our partners."
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