Nfon Ag Reports Earnings Results for the Second Quarter Ended June 30, 2020
August 20, 2020 at 03:23 am EDT
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NFON AG announced earnings results for the second quarter ended June 30, 2020. For the second quarter, the company announced sales was EUR 16.379 million compared to EUR 14.230 million a year ago. Net loss was EUR 52,000 compared to EUR 3.468 million a year ago. Basic eps was EUR 0 compared to basic loss per share of EUR 0.25 a year ago. For the half year, sales was EUR 32.770 million compared to EUR 26.328 million a year ago. Net loss was EUR 1.152 million compared to EUR 5.473 million a year ago. Basic loss per share was EUR 0.08 compared to EUR 0.39 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 
