Altigen Communications ( (ATGN) ) has released its Q2 earnings. Here is a breakdown of the information Altigen Communications presented to its investors.
Altigen Technologies, headquartered in Silicon Valley, is a prominent provider of Microsoft Cloud Communications Solutions, focusing on digital transformation to enhance customer engagement and operational efficiency across various industries.
In its latest earnings report for the second quarter of fiscal year 2025, Altigen Technologies announced a fourth consecutive quarter of profitability, highlighting improvements across most financial metrics compared to the previous year. The company reported a net revenue increase of 4% to $3.5 million and a notable rise in service and other revenue by 31%, despite an 8% decline in cloud services revenue.
Key financial metrics from the report include a gross margin increase to 62% and a GAAP net income of $287 thousand, a significant turnaround from a loss of $236 thousand in the same quarter last year. The company also achieved an operating margin of 8.1%, reflecting enhanced operational efficiency. Altigen’s digital transformation efforts have contributed to reduced operating expenses, further supporting its profitability.
Looking ahead, Altigen Technologies remains optimistic about sustaining its growth trajectory, with expectations of continued improvements in top-line revenue. The company is committed to leveraging its digital transformation strategies to drive further financial performance enhancements.