Counterpath (CPAH) Reports Q2 Loss of $0.08/Share

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Go back to Counterpath (CPAH) Reports Q2 Loss of $0.08/Share

CounterPath Reports Second Quarter Fiscal 2016 Financial Results

December 14, 2015 7:46 AM EST

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 12/14/15 -- CounterPath Corporation ("CounterPath" or the "Company") (NASDAQ: CPAH)(TSX: CCV), a global provider of award-winning communication solutions for enterprises and operators, today announced the financial and operating results for its second quarter ended October 31, 2015 of fiscal 2016.

Second Quarter Financial Highlights (Unaudited)

-- Quarterly revenue of $3.0 million compared to revenue of $2.4 million for the prior quarter and revenue of $2.9 million for the second quarter of fiscal 2015. -- Gross margin of 84%... More