Saturday, March 08, 2008 12:50:22 AM
iLinc Announces Third Quarter Fiscal 2008 Results
Third Quarter Highlights
Total revenue of $3.4 million, a decrease of eight percent over the same three-month period last year
Increased subscription license revenue to $752,000, a 54 percent increase over the same three-month period last year, and to $2.1 million, a 41 percent increase over the same nine-month period last year
Maintained combined cash and certificate of deposit balance of $1.5 million
Audio conferencing revenue declined more than the seasonal average, but is expected to rebound in the March quarter
Changing market conditions and a change in vertical sales focus adds long-term subscription revenue
Net loss before tax of $558,000, the result of continued investment in research and development and sales and marketing activities intended to foster revenue growth
Continued positive cash flow with Adjusted EBITDA1 of $1 million through first three quarters of fiscal year
Recent ILC News
- L'Organisme canadien de réglementation des investissements permet la reprise de la négociation - ILC • PR Newswire (Canada) • 02/20/2024 03:54:00 PM
- Canadian Investment Regulatory Organization Trade Resumption - ILC • PR Newswire (Canada) • 02/20/2024 03:52:00 PM
- Suspension de la négociation par l'Organisme canadien de réglementation des investissements - ILC • PR Newswire (Canada) • 02/20/2024 02:57:00 PM
- Canadian Investment Regulatory Organization Trading Halt - ILC • PR Newswire (Canada) • 02/20/2024 02:54:00 PM
- International Lithium: PEA for the Raleigh Lake Lithium Project Outlines Highly Favourable After-Tax NPV (Discounted at 8%) of CAD$342.9 million and After-Tax IRR of 44.3% P.A. • InvestorsHub NewsWire • 12/05/2023 02:35:52 PM
- L'Organisme canadien de réglementation des investissements permet la reprise de la négociation - ILC • PR Newswire (Canada) • 12/04/2023 09:52:00 PM
- Canadian Investment Regulatory Organization Trade Resumption - ILC • PR Newswire (Canada) • 12/04/2023 09:49:00 PM
- Suspension de la négociation par l'Organisme canadien de réglementation des investissements - ILC • PR Newswire (Canada) • 12/04/2023 08:42:00 PM
- Canadian Investment Regulatory Organization Trading Halt - ILC • PR Newswire (Canada) • 12/04/2023 08:39:00 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM