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-0.00994186046511622 -0.00994186046511622 -0.00994186046511622 -0.00994186046511622 0.00604651162790709 -0.0232558139534883 -0.0207558139534883 -0.0232558139534883
Stock impact report

MIND CTI Reports First Quarter 2020 Results

MIND C.T.I. Ltd. - Ordinary Shares (MNDO) 
US:NASDAQ Investor Relations: mindcti.com/investor-information
Company Research Source: GlobeNewswire
YOQNEAM, Israel, May 14, 2020 (GLOBE NEWSWIRE) -- MIND C.T.I. LTD. – (NasdaqGM:MNDO), a leading provider of convergent end-to-end prepaid/postpaid billing and customer care product based solutions for service providers, unified communications analytics and call accounting solutions for enterprises as well as enterprise messaging solutions, today announced results for its first quarter ended March 31, 2020. The following will summarize our major achievements in the first quarter of 2020 as well as our business. The financial results can be found in the Company News section of our website at http://www.mindcti.com/company/news/ and in our Form 6-K. Financial Highlights Revenues were $6.0 million, compared with $4.5 million in the first quarter of 2019, with the increase attributed to the acquisition of Message Mobile in March 2019 and GTX in September 2019, which generated revenues of approximately $2.3 million during the quarter.Operating income was $1.3 million, or 21% of total Show less Read more
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