CounterPath Reports First Quarter Fiscal 2021 Financial Results

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Go back to CounterPath Reports First Quarter Fiscal 2021 Financial Results

UPDATE: CounterPath Corp. (CPAH) Tops 1Q21 EPS by 2c, Revenues Miss

September 10, 2020 7:51 AM EDT

(Updated - September 10, 2020 7:52 AM EDT)

CounterPath Corp. (NASDAQ: CPAH) reported Q1 EPS of $0.04, $0.02 better than the analyst estimate of $0.02. Revenue for the quarter came in at $3.4 million versus the consensus estimate of $3.8 million.

First Quarter Fiscal 2021 Financial Highlights (unaudited)

Revenue of $3.4 million for the first quarter of fiscal 2021, an increase of 33% compared to revenue of $2.6 million for the first quarter of fiscal 2020.Subscription, support and maintenance revenue (revenue of a recurring nature) for the first quarter of fiscal 2021 grew by 46% year-over-year to $2.1 million.Billings (revenue plus change... More