{"id":5743,"date":"2007-08-02T11:30:58","date_gmt":"2007-08-02T11:30:58","guid":{"rendered":"http:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/e-commerce\/ip-communications-earnings-strong.html"},"modified":"2007-08-02T11:30:58","modified_gmt":"2007-08-02T11:30:58","slug":"ip-communications-earnings-strong","status":"publish","type":"post","link":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/technology\/ip-communications-earnings-strong.html","title":{"rendered":"IP communications Earnings Strong"},"content":{"rendered":"<div style=\"MARGIN: 0in 0in 0pt\">Let&rsquo;s give a round of applause to 8&#215;8, the parent company of Packet8 VoIP service. They have just <a href=\"http:\/\/www.tmcnet.com\/usubmit\/2007\/08\/02\/2832699.htm\">announced<\/a> a profitable quarter. For the first time since the Company launched its Packet8 VoIP service in November 2002, 8&#215;8 posted GAAP net income of $508,000, or $0.01 per share, compared to a net loss of $2.9 million, or ($0.05) per share for the previous quarter and $1.8 million, or ($0.03) per share for the same period of fiscal 2007.<\/div>\n<div style=\"MARGIN: 0in 0in 0pt\">&nbsp;<\/div>\n<div style=\"MARGIN: 0in 0in 0pt\">This news is important as the company had far fewer dollars to spend on marketing their service when compared to many others in the market; they still beat many others to this important milestone.<\/div>\n<div style=\"MARGIN: 0in 0in 0pt\">&nbsp;<\/div>\n<div style=\"MARGIN: 0in 0in 0pt\">The company has focused on a methodical system of results-driven marketing and moreover recognized early that the hosted SMB space has plenty of promise.<\/div>\n<div style=\"MARGIN: 0in 0in 0pt\">&nbsp;<\/div>\n<div style=\"MARGIN: 0in 0in 0pt\">This news is a great counterbalance to the management problems at SunRocket which caused their <a href=\"http:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/vonage\/sunrocket-bankrupt.html\">demise<\/a>. The fact that SunRocket didn&rsquo;t sell its company is somewhat mind-boggling actually. I have had a number of people in the industry call me with surprise regarding this matter.<\/div>\n<div style=\"MARGIN: 0in 0in 0pt\">&nbsp;<\/div>\n<div style=\"MARGIN: 0in 0in 0pt\">In other good news, iBasis <a href=\"http:\/\/www.tmcnet.com\/usubmit\/-ibasis-reports-record-revenue-gross-profit-traffic-volume-\/2007\/08\/02\/2832462.htm\">announced<\/a> record revenue, gross profit and traffic volume. Another Mass. Based company, Acme Packet also had a <a href=\"http:\/\/www.forbes.com\/feeds\/ap\/2007\/08\/02\/ap3980970.html\">great quarter<\/a>. Congratulations to 8&#215;8, iBasis and Acme Packet.<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Let&rsquo;s give a round of applause to 8&#215;8, the parent company of Packet8 VoIP service. They have just announced a profitable quarter. For the first time since the Company launched its Packet8 VoIP service in November 2002, 8&#215;8 posted GAAP net income of $508,000, or $0.01 per share, compared to a net loss of $2.9<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[158,171,179,160,212,199,218,156,189,211,118,190,191],"tags":[],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts\/5743"}],"collection":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/comments?post=5743"}],"version-history":[{"count":0,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts\/5743\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/media?parent=5743"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/categories?post=5743"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/tags?post=5743"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}