VoiceServe, Inc. announced earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company generated revenues of $815,083 against $1,380,407 a year ago. Gross margin averaged 0.6% compared to 48.8% for the three months ending December 31, 2011.

For the nine months, the company generated revenues of $3,438,522 against $3,561,921 a year ago. The revenue decrease is attributed to the fact that the company is selling many of its solutions on a recurring based revenue policy, thus offering customers the possibility of a hosted license payable monthly rather than an outright purchase. Gross margin averaged 33.7% compared to 45.2% for the nine months ending December 31, 2011. The decrease in gross margins is due to the company's investment in R&D to complete its latest release of the eRCS dialers.