Video Conferencing Company Glowpoint,Inc Third Quarter Results 2011
by videoB2B on Nov 29, 2011
- 216 views
Video Conferencing ...
Growth In Cloud Managed Video Service Exceeds 20% - Profit Metrics Show Continued Momentum
MURRAY HILL, N.J., October 18, 2011 - Glowpoint, Inc. (OTCBB: GLOW), a leading global provider of cloud managed video services,
today reported its financial results for the third quarter ended September 30, 2011.
Total revenues for the third quarter were $6.8 million. Cloud-based managed video service (MVS) revenues for the quarter were $3.2
million, an increase of 20% over the same period last year. Cloud-based MVS revenues were 46% of total revenues in the quarter, up
from 38% in the prior year period. Network revenues for the quarter were $3.3 million, a decrease of 18% over the same period last year.
- Total Views
- Views on SlideShare
- Embed Views