Business

COUNTERPATH REPORTS THIRD QUARTER FISCAL 2011 FINANCIAL RESULTS

Mar. 10, 2011 (Canada NewsWire Group) -- Company Reports Record Revenues VANCOUVER, Mar...

articleNewpath Resources IncMarch 10, 20113/company/newpath-resources-inc-formerly-was-rdyready-set-gold-corp-until-2022-12-07/news/counterpath-reports-third-quarter-fiscal-2011-financial-results
COUNTERPATH REPORTS THIRD QUARTER FISCAL 2011 FINANCIAL RESULTS

About this update from Newpath Resources Inc

[{"type":"text","content":"\n\n\n Mar. 10, 2011 (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\n\nCompany Reports Record Revenues\n\n\nVANCOUVER, March 10 /CNW/ - CounterPath Corporation ("CounterPath" or the "Company") (OTCBB: CPAH) (TSXV: CCV), an award-winning provider of desktop and mobile VoIP software products and solutions,\n today announced the financial and operating results for its third\n quarter of fiscal year 2011. CounterPath's fiscal year runs May 1 to\n April 30.\n\n\nFinancial and operating highlights for the third quarter ended January\n 31, 2011, include:\n\n\n\nRecord quarterly revenue of $3.0 million, a 122-percent increase year\n over year and an 18-percent increase over the second quarter of fiscal\n year 2011. \n\n\n\n\nA non-GAAP operating loss of $0.4 million compared to a non-GAAP\n operating loss of $1.2 million for the third quarter ended January 31,\n 2010, and a non-GAAP operating loss of $0.7 million for the second\n quarter ended October 31, 2010.\n\n\n\n\nA net loss of $0.5 million ($0.01 per share) compared to a net loss of\n $1.7 million ($0.06 per share) for the third quarter ended January 31,\n 2010.\n\n\n\n\nThe launch of Bria Android Edition, an enterprise-grade VoIP application\n that is a highly secure, standards-based softphone that works over both\n 3G and Wi-Fi networks, has full SIP compliance, allows multi-call\n management, signaling and call encryption, and enables enterprise-class\n security.\n\n\n\n\nThe launch of two service provider c...

More updates from Newpath Resources Inc