AltiGen Communications reports Q3 revenue of $3 million and non-GAAP EPS of $0.01, with net income declining year-over-year.
AltiGen Communications reported third-quarter non-GAAP earnings per share of $0.01 on revenue of $3 million. The results reflect a mixed performance as revenue met expectations but profitability declined.
Non-GAAP net income fell to $190 thousand from $350 thousand in the same period last year. GAAP net income dropped to $15 thousand from $110 thousand, while EPS remained flat at $0.00.
The company did not disclose immediate market reactions to the earnings release.