Altigen Technologies Reports Second Quarter Results for Fiscal Year 2024 [Yahoo! Finance]
ALTIGEN COMMUNS INC (ATGN)
US:NASDAQ Investor Relations:
altigen.com/about-us/investor-relations
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Source: Yahoo! Finance
Solutions provider, announced today its financial results for the second quarter ended March 31, 2024. Second Quarter Fiscal 2024 Financial Results Net revenue for the second quarter of fiscal 2024 was $3.4 million, compared to $3.2 million in the preceding quarter, and compared to $3.4 million in the prior year quarter; Gross margin in the second quarter of fiscal 2024 was 61.3%, compared to 60.3% in the preceding quarter, and compared to 63.4% in the prior year quarter; For the second quarter of fiscal 2024, GAAP net loss was ($0.2) million, or ($0.01) per share, compared with GAAP net loss of ($0.3) million, or ($0.01) per share in the preceding quarter, and compared with GAAP net loss of ($0.1) million, or ($0.01) per share in the prior year quarter; Non-GAAP net loss for the second quarter of fiscal 2024 was ($0.07) million, or ($0.00) per share, compared with non-GAAP net loss of ($0.2) million, or ($0.01) per share, and compared with non-GAAP net income of $0.1 millio
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