Altigen Communications (OTCMKTS:ATGN) Announces Earnings Results

Altigen Communications (OTCMKTS:ATGN) posted its earnings results on Thursday. The technology company reported $0.01 EPS for the quarter, Zacks reports. The firm had revenue of $3.38 million during the quarter. Altigen Communications had a net margin of 11.45% and a return on equity of 3.89%.

Altigen Communications Stock Down 4.7 %

Shares of ATGN stock opened at $0.62 on Friday. The firm has a 50 day moving average of $0.66 and a 200-day moving average of $0.64. Altigen Communications has a 52 week low of $0.42 and a 52 week high of $0.99. The company has a market cap of $15.87 million, a price-to-earnings ratio of 10.33 and a beta of 1.15.

About Altigen Communications

Altigen Communications, Inc designs, develops, markets, and supports integrated communications solutions worldwide. It provides MaxCS IP-PBX, a software-based phone system that provides customers with business communications solutions; MaxACD Voice Over Internet Protocol (VoIP) Contact Center, a software-based automatic call distribution engine, which offers call routing and call distribution options; MaxMobile that extends a set of business PBX functionality to smart phone devices; and MaxCommunicator, a Windows-based desktop application, which provides call control and visual voice mail management to the desktop.