Counterpath (CPAH) Posts Narrower Q3 Loss

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Go back to Counterpath (CPAH) Posts Narrower Q3 Loss

CounterPath Reports Third Quarter Fiscal 2016 Financial Results

March 15, 2016 9:15 AM EDT

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 03/15/16 -- CounterPath Corporation ("CounterPath" or the "Company") (NASDAQ: CPAH)(TSX: CCV), a global provider of award-winning over-the-top (OTT) Unified Communications solutions for enterprises and carriers, today announced the financial and operating results for its third quarter ended January 31, 2016 of fiscal 2016.

Third Quarter Financial Highlights (Unaudited)

-- Quarterly revenue of $2.7 million compared to revenue of $3.0 million for the third quarter of fiscal 2015. -- Recurring revenue of 33% of total revenue compared to 26% for... More