VANCOUVER, British Columbia (AP) _ CounterPath Corp. (CPAH) on Thursday reported fiscal first-quarter net income of $25,000, after reporting a loss in the same period a year earlier.
On a per-share basis, the Vancouver, British Columbia-based company said it had net income of less than 1 cent. Earnings, adjusted for non-recurring costs and stock option expense, came to 4 cents per share.
The business telecommunications company posted revenue of $3.4 million in the period.
The company's shares closed at $4.37. A year ago, they were trading at $1.12.
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Automated Insights, source Associated Press News