Business
CounterPath Reports First Quarter Fiscal 2011 Financial Results
CounterPath Reports First Quarter Fiscal 2011 Financial Results
About this update from Newpath Resources Inc
[{"type":"text","content":"\n\n\n\n Sep. 14, 2010 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\nVANCOUVER, Sept. 14 /CNW/ - CounterPath Corporation ("CounterPath" or the "Company") (OTCBB: CPAH; TSX-V: CCV), a leading provider of desktop and mobile VoIP software products and solutions, today announced financial and operating results for the first quarter of fiscal year 2011.\nFinancial and operating highlights for the first quarter ended July 31, 2010 include:\n\n\n >\n\n\n"We are pleased with the progress made this quarter highlighted by improving revenue, new product introductions and strong customer traction," stated Donovan Jones, President and CEO, CounterPath. "Our revenue grew 8% over the same quarter last year buoyed by strong desktop softphone sales through our OEM channels. We've expanded our revenue opportunities with new product launches such as Bria for the iPhone and Bria for the Linux operating system and expect to announce further product offerings in the near future. Our efforts to leverage our internal sales team with external distribution channels is starting to provide significant revenues as enterprises seek to leverage the Internet to save money on communications costs while improving their productivity with our solutions," continued Jones.\n\nFinancial Results - (Unaudited)\n\n(All amounts in U.S. dollars and in accordance with accounting principles generally accepted in the United States ("GAAP") unless otherwise specified.)\n\nFor the ...