UPDATE: Counterpath (CPAH) Reports Q3 Loss of $0.14/Share

Go back to UPDATE: Counterpath (CPAH) Reports Q3 Loss of $0.14/Share

CounterPath Reports Third Quarter Fiscal 2017 Financial Results

March 13, 2017 8:15 AM EDT

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 03/13/17 -- CounterPath Corporation ("CounterPath" or the "Company") (NASDAQ: CPAH)(TSX: PATH), 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, 2017 of fiscal year 2017.

Third Quarter Financial Highlights (unaudited)

-- Quarterly revenue of $2.6 million compared to revenue of $2.7 million for the third quarter of fiscal 2016. -- Growth in subscription, support and maintenance revenue (revenue of a recurring nature) of 16% for the quarter... More