View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
October 21, 2010

Aastra Q3 revenue down 19%

Net income CAD0.03 per share

By CBR Staff Writer

Aastra Technologies has reported total sales of CAD161.8m ($158.7m) for the third quarter of 2010, a decrease of 18.6% compared to CAD198.6m ($194.8m) for the same quarter in 2009.

The company’s gross margin was 41.3% of sales in the third quarter as compared to 44.7% of sales in the same period last year.

The R&D expenses in the third quarter were CAD16.1m or 10.0% of sales, as compared to CAD18.8m or 9.5% of sales in the same quarter of 2009.

Aastra has posted income before income taxes of CAD0.46m as compared to CAD12.5m for the same quarter prior year.

For the quarter ended 30 September 2010, the company has posted net income of CAD0.37m, or CAD0.03 per share, as compared to CAD9.6m, or CAD0.71 per share, for the same period last year.

Headquartered in Ontario, Canada, Aastra Technologies develops and delivers integrated offerings that address the communication needs of businesses small and large around the world.

Content from our partners
The growing cybersecurity threats facing retailers
Cloud-based solutions will be key to rebuilding supply chains after global stress and disruption
How to integrate security into IT operations

Websites in our network
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
I consent to New Statesman Media Group collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED
THANK YOU