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Altigen Communications (ATGN)
:ATGN
RESEARCH TOOLSreports
Earnings Data
Report Date
Jul 23, 2025TBA Not Confirmed
Period Ending
2025 (Q3)Consensus EPS Forecast
―Last Year’s EPS
―Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 29, 2025
|% Change Since: 3.92%
|Next Earnings Date:Jul 23, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted Altigen's steady revenue growth, improved profitability, and successful operational transformations, offset by a decline in cloud services revenue and delays in Fiserv initiatives. The positive aspects of consistent profitability and strategic advancements outweigh the challenges faced.Company Guidance
During the Altigen Technologies second quarter fiscal year 2025 earnings call, several key metrics and guidance were provided. The company reported a revenue of $3.5 million, marking a 3.5% increase from the previous quarter. Net income significantly rose to $287,000, representing a 230% increase compared to the prior quarter's income of $87,000. The company highlighted its successful transition to new Unified Communications-as-a-Service (UCaaS) and Contact Center-as-a-Service (CCaaS) solutions and has already migrated approximately 30 customers to the new MaxCloud V2 platform. Altigen's operational improvements led to an annualized expense reduction of approximately $1.5 million. The company also emphasized its strategic focus on AI and digital transformation, as well as its strong relationship with key clients such as the Connecticut Department of Transportation and Fiserv. Going forward, Altigen aims to continue enhancing its product offerings and increase its investment in sales and marketing to drive top-line growth.Revenue Increase
Revenue for the quarter was $3.5 million, representing an increase of approximately 3.5% compared to the fiscal first quarter.
Net Income Growth
Net income for the second quarter was $287,000, an increase of 230% compared to the $87,000 in the prior quarter.
Profitability Milestone
The company marked its fourth consecutive profitable quarter, attributed to business transformation objectives.
Successful Platform Migration
Altigen successfully migrated approximately 30 customers to the new MaxCloud V2 platform with plans to migrate all legacy customers in the next 18 months.
Operational Savings
Altigen achieved a net reduction of approximately $1.5 million in annualized expenses through operational improvements.
Cash Position
The company closed the quarter with $2.8 million in cash and cash equivalents, a 27% increase compared to the previous quarter.
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ATGN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ATGN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 29, 2025 | $0.51 | $0.53 | +3.92% |
Feb 27, 2025 | $0.65 | $0.62 | -4.62% |
Dec 12, 2024 | $0.72 | $0.79 | +9.72% |
Aug 01, 2024 | $0.68 | $0.67 | -1.47% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Altigen Communications (ATGN) report earnings?
Altigen Communications (ATGN) is schdueled to report earning on Jul 23, 2025, TBA Not Confirmed.
What is Altigen Communications (ATGN) earnings time?
Altigen Communications (ATGN) earnings time is at Jul 23, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ATGN EPS forecast?
Currently, no data Available
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