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Article: Commtouch Reports Strong Growth in Operating Cash Flow to $1.6 Million in the Third Quarter.
- Article from:
- Investment Weekly News
- Article date:
- November 21, 2009
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Commtouch[R] (NASDAQ:CTCH), a leading messaging and Web security technology provider, announced its third quarter 2009 results. Third Quarter 2009 Financial Highlights: Revenues increased by 8% to $3,899 thousand as compared with the third quarter of 2008
Net income (US GAAP) increased by 32% to $849 thousand
Net income (Non-GAAP) increased by 19% to $1,199 thousand
Strong operating cash flow of $1,558 thousand
The Company signed agreements with 10 new OEM partners 2009 Third Quarter Results: Revenues for the third quarter of 2009 increased by 8% to $3,899 thousand compared to $3,622 thousand in the third quarter of 2008.
Net ...