Fusion Telecom (FSNN) Tops Q2 EPS by 13c

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Go back to Fusion Telecom (FSNN) Tops Q2 EPS by 13c

Fusion Reports Second Quarter 2015 Results

August 13, 2015 8:45 AM EDT

NEW YORK, NY -- (Marketwired) -- 08/13/15 -- Fusion (NASDAQ: FSNN), a leading provider of cloud services, today announced its financial results for the second quarter ended June 30, 2015.

Second Quarter Highlights

Consolidated sales of $25.1 million, up approximately 8% year over yearEnded the quarter with $217 thousand in monthly recurring revenue ("MRR") in backlog, representing $2.6 million in total contract valueSigned a total of $5.2 million in new contract value during the quarterConsolidated gross margin of 44.9%, unchanged as compared to the... More