ATLANTA (December 9, 2004) - eOn Communications Corporation? (NASDAQ: EONC), a leading provider of unified voice, e-mail and web-based communications solutions, today reported financial results for the first quarter fiscal 2005. Revenues for the quarter were $6,467,000 compared with $6,183,000 in the 4th quarter of 2004 and $5,039,000 in the same period last year.
Net income for the quarter was $98,000, or $0.01 per common share, compared with a net loss of $400,000, or ($0.03) per common share in the 4th quarter of 2004 and net income of $330,000, or $0.03 per share in the same period last year. "We continue to be encouraged by our improving performance, and are pleased to announce quarterly profitable results," said David Lee, eOn's chairman and chief executive officer.
During the quarter the Company secured orders from customers of all target market segments. Some of these customers included Metanet, a provider of outsource contact center services in Korea, 95 Teleweb of Beijing, China, Lexicon Marketing of Los Angeles, CA and the US Department of Treasury. Follow-on orders were received from long - time eOn customers CallTech, Circuit City, the US Coast Guard, and Petsmart as well as from distribution partners Northrup Grumman, Frequentis USA, and Professional Teledata.
Lee concluded, "We remain committed to exercising financial discipline and executing our business strategy to deliver continued improvement in revenue and earnings throughout the 2005 fiscal year."
Conference Call
The Company will host a conference call at 4:45 p.m. EST today, December 9, 2004, to discuss its first quarter fiscal 2005 results. To hear the call, dial (800) 967-7141 or visit our investor relations website at http://investor.eoncc.com. A replay of the call will be posted to our investor relations website shortly following the call.
About eOn Communications
eOn Communications Corporation? is a leading provider of unified voice, e-mail and web-based communications systems for customer contact centers and general business applications. eOn helps enterprises communicate more effectively with customers, convert inquiries into sales, and increase customer satisfaction and loyalty. To find out more information about eOn Communications and its solutions, visit the World Wide Web at www.eoncommunications.com, or call 800-955-5321. Note:
This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve risks and uncertainties, including technical and competitive factors, which could cause the Company's results and the timing of certain events to differ materially from those discussed in the forward-looking statements. Such risks are detailed in eOn Communications Corporation's most recent Form 10-Q filing with the Securities and Exchange Commission. eOn Communications Corporation, the mark eOn, and eQueue are trademarks of eOn Communications Corporation. # # # http://www.eoncc.com/uploads/100018_pressReleasePDF/100138.pdf |