ECtel Ltd., Special/Extraordinary Shareholders Meeting, Dec 11, 2009, at 08:00 GMT Time. Location: 10 Amal Street, Park Afek, Rosh Ha'ayin,Israel. Agenda: To approve the agreement and plan of merger by and among the company, cVidya Networks Inc. and a subsidiary of cVidya; and to approve the entry by the company into an indemnification agreement with each of its current directors and with each person who served as a director of the company at any time during the last five years.

ECtel, Ltd. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the quarter, the company reported net loss of $12,191,000 or $0.75 per diluted share on revenues of $4,187,000 against net loss of $1,899,000 or $0.11 per diluted share on revenues of $7,056,000 in the same period of last year. Operating loss was $13,594,000 against $1,971,000 in the same period of last year. Loss before taxes was $13,430,000 against $1,899,000 in the same period of last year. Non-GAAP operating loss was $643,000 against $1,678,000 in the same period of last year. Non-GAAP net income was $760,000 or $0.05 per diluted share against non-GAAP net loss of $1,606,000 or $0.10 per diluted share in the same period of last year. Net cash provided by operating activities was $165,000 against net cash used in operating activities of $3,043,000 in the same period of last year. Investment in property, plant and equipment was $64,000 against $206,000 in the same period of last year. For the nine months ended September 30, 2009, the company reported net loss of $13,965,000 or $0.86 per diluted share on revenues of $13,233,000 against net loss of $4,872,000 or $0.29 per diluted share on revenues of $20,216,000 in the same period of last year. Operating loss was $15,489,000 against $5,890,000 in the same period of last year. Loss before taxes was $15,204,000 against $4,872,000 in the same period of last year. Non-GAAP operating loss was $2,161,000 against $5,122,000 in the same period of last year. Non-GAAP net income was $637,000 or $0.04 per diluted share against non-GAAP net loss of $4,104,000 or $0.25 per diluted share in the same period of last year. Net cash used in operating activities was $3,214,000 against $7,273,000 in the same period of last year. Investment in property, plant and equipment was $152,000 against $587,000 in the same period of last year. For the third quarter ended September 30, 2009, the company reported goodwill impairment of $12,796,000.

ECtel, Ltd. expected to Report Fiscal Year 2009 Results on February 15, 2010. This event was calculated by Capital IQ (Created on October 23, 2009).