NFON AG Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 15, 2021
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NFON AG reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was EUR 18.65 million compared to EUR 16.67 million a year ago. Net loss was EUR 1.8 million compared to EUR 0.301 million a year ago. Basic loss per share from continuing operations was EUR 0.11 compared to EUR 0.02 a year ago.
For the nine months, sales was EUR 56.53 million compared to EUR 49.44 million a year ago. Net loss was EUR 4.25 million compared to EUR 1.45 million a year ago. Basic loss per share from continuing operations was EUR 0.26 compared to EUR 0.1 a year ago.
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 
