DDDC Record earnings and sales in 8 days
Last quarter:
-- Revenues increased 63% year-over-year and 18% sequentially to a record
$10.7 million.
-- Net income increased to a record $88,000 or $0.00 per diluted share.
-- Adjusted EBITDA increased to a record $485,000 or $0.02 per diluted
share.
-- Quarterly cash flow from operations increased to $700,000.
-- Agreement extended with Verizon Communications to provide management
services for Verizon's VoiceWing consumer VoIP service.
Next quarter:
For the second quarter of 2006, deltathree expects sequential revenue growth to be within the range of 5% to 10%. deltathree forecasts quarterly net income within the range of $0.01 per share to $0.02 per share, excluding the impact of stock-based compensation expense. The Company expects to record stock-based compensation expense of between $0.00 to 0.01 per share related to Financial Accounting Standard Board (SFAS) No. 123R.
