Counterpath (CPAH) Reports Q2 Loss of $0.34/Share

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Go back to Counterpath (CPAH) Reports Q2 Loss of $0.34/Share

CounterPath Reports Second Quarter Fiscal 2019 Financial Results

December 12, 2018 8:17 AM EST

Year-over-Year Recurring Revenue Growth of 34%

VANCOUVER, BC, / ACCESSWIRE / December 12, 2018 / CounterPath Corporation (NASDAQ: CPAH) (TSX: PATH) (the ''Company'' or ''CounterPath''), a global provider of award-winning over-the-top (OTT) Unified Communications (UC) solutions for enterprises and service providers, today announced the financial and operating results for its quarter ended October 31, 2018, being the second quarter of fiscal year 2019.

Second Quarter Financial Highlights (unaudited)

Revenue of $2.4 million compared to revenue of $3.4 million for the second quarter of fiscal 2018. Growth in subscription, support and maintenance revenue... More