Good news in the communications space from from NET who announced
their highest level of profitability in 10 years. According to the company, total revenue in the fourth quarter was $33.4 million, a 15 percent increase from $29 million in the third quarter, and a 34 percent increase from $25 million in the fourth quarter of the prior fiscal year.
I have written about NET before -- specifically their military systems
and unified communications
More recently, Quintum was purchased
by the company allowing NET to have a more balanced product line including smaller gateways.
It is worth pointing out once again that many companies in the communications space are doing better than last year -- even in a slowing economy.
Yesterday I wrote about
how rising gas prices could boost UC spending and the day before it was record results from Interactive Intelligence
. Sure there was negative Shoretel news
as well but there could be other problems at the company besides the economy.
Heading into Q2 it seems most communications companies are optimistic and as I have said before the companies who have consistent branding and marketing are doing better than those who do less.
Consistent press releases, media outreach and messaging is what needs to be done in a slowing economy. Communications products and services can help companies greatly if we are indeed in the "dreaded R word".