[ATSX.OB] ATSI COMM INC » 0.29
ATSI Communications, Inc., through its subsidiaries, provides international telecommunications services to carriers and telephony resellers worldwide. The company offers digital voice communications over the Internet using voice-over-Internet-protocol.
Oct 18, 2007 -- ATSI Communications, Inc. today announced results for the three months and fiscal year ended July 31, 2007. Revenues for the 4th quarter totaled $9,948,000, an 87% increase over the previous year's 4th quarter ended July 31, 2006. Revenues for the 4th quarter exceeded the immediately preceding quarter ended April 30, 2007 by $1.8 million and resulted in the 12th consecutive quarter of record revenues for the Company. In addition, ATSI produced record gross profits, its 5th consecutive quarter of positive cash flow from operations, and 3rd consecutive quarter of net positive earnings per share. For its fiscal year ended July 31, 2007, ATSI reported revenues of $31.7 million, a 116% increase over revenues of $14.7 million for the previous fiscal year ended July 31, 2006. Net income to common stockholders for the year ended July 31, 2007 was $515,000 vs. a net loss to common stockholders of $12,000 for the Company's previous fiscal year ended July 31, 2006. biz.yahoo.com
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