NFON AG Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 23, 2023
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NFON AG reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was EUR 20.39 million compared to EUR 19.83 million a year ago. Net loss was EUR 1.29 million compared to EUR 5.26 million a year ago. Basic loss per share from continuing operations was EUR 0.08 compared to EUR 0.32 a year ago. Diluted loss per share from continuing operations was EUR 0.08.
For the six months, sales was EUR 41.18 million compared to EUR 40.09 million a year ago. Net loss was EUR 1.26 million compared to EUR 7.07 million a year ago. Basic loss per share from continuing operations was EUR 0.08 compared to EUR 0.43 a year ago. Diluted loss per share from continuing operations was EUR 0.08.
Nfon AG is a Germany-based company that provides cloud-based telephone systems. Its product and service offering includes primarily NFON Cloud Telephone System, a public multi-tenant PBX delivering servicing from the cloud, as well as specialist solutions. The Companyâs services enable communication for customers and their employees on various devices, including smartphones, tablets, personal computers, and desk phones. Its customers range from local small businesses to international large enterprises. The Company is active in various European countries, including Germany, Austria, Switzerland, the Netherlands, Poland, Hungary, the United Kingdom, Slovenia, Slovakia, Spain, Croatia, Romania and Portugal.
NFON AG 
