{"id":6843,"date":"2008-05-01T13:12:26","date_gmt":"2008-05-01T13:12:26","guid":{"rendered":"http:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/e-commerce\/net-has-record-quarter.html"},"modified":"2008-05-01T13:12:26","modified_gmt":"2008-05-01T13:12:26","slug":"net-has-record-quarter","status":"publish","type":"post","link":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/technology\/net-has-record-quarter.html","title":{"rendered":"NET has Record Quarter"},"content":{"rendered":"<p>Good news in the communications space from from NET who <a href=\"http:\/\/hosted-communications.tmcnet.com\/topics\/broadband-comm\/articles\/26776-network-equipment-technologies-announces-financial-growth.htm\">announced <\/a>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.<\/p>\n<p>I have written about NET before &#8212; specifically their <a href=\"http:\/\/www.tmcnet.com\/it\/0604\/0604po.htm\">military systems<\/a> and <a href=\"http:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/unified-communications\/microsoft-gives-away-exchange-2007.html\">unified communications<\/a> solutions.<\/p>\n<p>More recently, Quintum was <a href=\"http:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/ip-communications\/net-acquires-quintum.html\">purchased<\/a> by the company allowing NET to have a more balanced product line including smaller gateways.<\/p>\n<p>It is worth pointing out once again that many companies in the communications space are doing better than last year &#8212; even in a slowing economy.<\/p>\n<p>Yesterday I <a href=\"http:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/unified-communications\/communications-and-the-economy.html\">wrote about<\/a> how rising gas prices could boost UC spending and the day before it was record results from <a href=\"http:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/call-center\/interactive-intelligence-has-record-quarter.html\">Interactive Intelligence<\/a>. Sure there was negative <a href=\"http:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/ip-communications\/shoretel-implosion.html\">Shoretel news<\/a> as well but there could be other problems at the company besides the economy.<\/p>\n<p>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.<\/p>\n<p>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 &quot;dreaded R word&quot;. I met with Simon Gwatkin and Joe Ward of Mitel yesterday and they told me how they will upgrade a company&#8217;s equipment, write them a check and switch them over from a purchasing customer to a managed services one.<\/p>\n<p>So customers become more productive and get cash back &#8212; and who doesn&#8217;t want to do that? Very smart move on Mitel&#8217;s parts and it shows they are rapidly integrating the best parts of Inter-Tel into their North American operations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[179,199,188,221,189,203,118,177,191,175],"tags":[],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts\/6843"}],"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=6843"}],"version-history":[{"count":0,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/posts\/6843\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/media?parent=6843"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/categories?post=6843"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.tmcnet.com\/blog\/rich-tehrani\/wp-json\/wp\/v2\/tags?post=6843"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}