Inventergy Global, Inc. reported financial results for the second quarter ended June 30, 2017. For the quarter, the company reported net income of $39.7 million, or $1.76 on a fully-diluted basis compared to a net loss of $2.0 million, or $0.44 per share in the second quarter ended June 30, 2016. Net income during the second quarter 2017 was favorably impacted by a gain on debt extinguishment of $40.8 million, which resulted from the debt restructuring that the company previously announced and the related transfer of patents to a special purpose entity, INVT SPE LLC ("INVT SPE").