Counterpath (CPAH) Reports In-Line Q1 EPS

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CounterPath Reports First Quarter Fiscal 2016 Financial Results

September 14, 2015 5:00 PM EDT

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 09/14/15 -- CounterPath Corporation ("CounterPath" or the "Company") (NASDAQ: CPAH)(TSX: CCV), a developer of award-winning over-the-top (OTT) Unified Communications solutions for enterprises and operators, today announced the financial and operating results for its first quarter ended July 31, 2015 of fiscal 2016.

First Quarter Financial Highlights (Unaudited)

-- Quarterly revenue of $2.4 million compared to revenue of $3.0 million for the first quarter of fiscal 2015. -- Gross margin of 80% compared to 80% for first quarter of... More