NFON AG Reports Earnings Results for the First Quarter Ended March 31, 2023
May 25, 2023 at 03:04 pm EDT
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NFON AG reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was EUR 20.79 million compared to EUR 20.26 million a year ago. Net income was EUR 0.028 million compared to net loss of EUR 1.8 million a year ago.
Nfon AG is a Germany-based company that provides cloud-based telephone systems. Its product and service offering includes primarily NFON Cloud Telephone System, a public multi-tenant PBX delivering servicing from the cloud, as well as specialist solutions. The Companyâs services enable communication for customers and their employees on various devices, including smartphones, tablets, personal computers, and desk phones. Its customers range from local small businesses to international large enterprises. The Company is active in various European countries, including Germany, Austria, Switzerland, the Netherlands, Poland, Hungary, the United Kingdom, Slovenia, Slovakia, Spain, Croatia, Romania and Portugal.