Steady Revenue Growth
Revenues for Q1 2025 were $60.4 million, marking an increase of 0.5% from $60.1 million in Q1 2024.
Services Revenue Growth
Services revenues for the quarter were $32.6 million, up 3.4% over the previous year.
Increase in Net Income
Net income for Q1 2025 was $4 million, up from $2.1 million in Q1 2024.
Expansion in AI and Cloud Services
The company reported success in gaining interest from several large global system integrators for its conversational AI business.
Robust Cash Flow
Net cash provided by operating activities was $13.5 million for the first quarter of 2025.
Microsoft Teams Business Growth
The Microsoft Teams business grew 7% year-over-year.
Cisco WebEx Calling Expansion
Progress was made in certifying solutions for Cisco WebEx Calling Cloud Connect, expanding the potential for connectivity business.
Voice AI Business Growth
Voice AI business grew above 10% year-over-year, with a growing pipeline and increasing customer interest.