AltiGen Records Lower Revenue in Q4, Trims Losses for Full Year
Posted on November 15, 2012 at 03:47 AM EST
AltiGen Communications, Inc. (OTCQX: ATGN) reported steeper losses Wednesday from the fourth quarter and fiscal years ended September 30, 2012, as the company booked a one-time, non-cash charge for excess inventory. Revenue for the fourth quarter fell 18.6 percent to $3.5 million, compared to $4.3 million in the year prior quarter. Net loss from operations [...]