Rochester,NY 8/12/2009 11:05:28 PM
ECtel Ltd. ECTX-ECtel Nears Break Even on Substantially efficient Profitability in Second Quarter
ECtel Ltd
ECtel Ltd, a famous and leading global provider of Integrated Revenue Management solutions, on Aug 5, 2009, reported its financial outcomes for the second quarter of 2009.
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Second Quarter Highlights
- Revenues reach $5.7 million, up from the $3.4 million last
quarter
- Gross profit shot up both sequentially and year over year
reaching $3.4 million
- Gross margin of 60%, highest in the last 10 quarters
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