eOn Communications Corporation (EONC) news stock charts
eOn Communications Corporation (EONC) Investment Summary:
eOn Communications Corporation™(“eOn” or the “Company”) is a global provider of innovative communications solutions. Backed with over 20 years of telecommunications engineering expertise, the Company’s solutions enable its 8,000 customers to easily leverage advanced technologies in order to communicate more effectively. eOn’s offerings are built on reliable open architectures that enable easy adoption of emerging technologies, such as Voice over Internet Protocol (VoIP) and concepts, such as Service Oriented Architectures (SOA). Whether businesses are looking to leverage the advantages of enterprise IP telephony or advanced contact center technologies, eOn Communications delivers proven, IP-ready products that improve business performance. Enterprise IP Telephony The Millennium™ Converged Communications Platform is a proven solution for small and medium-sized installations. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2007%2f10%2f30%2f0001193125-07-229675.html#FIS_BUSINESS"EON COMMUNICATIONS CORP (EONC:NASDAQ)
Snapshot of EON COMMUNICATIONS CORP (EONC)
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OPEN
$3.33
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PREVIOUS CLOSE
$3.26
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DAY HIGH
$3.40
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DAY LOW
$3.25
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52 WEEK HIGH
01/6/10 - $7.45
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52 WEEK LOW
03/23/09 - $0.37
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MARKET CAP
9.0M
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AVERAGE VOLUME 10 D
99.9K
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EPS TTM
$0.11
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SHARES OUTSTANDING
2.8M
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EONC Does Not Pay Dividends
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P/E TTM
29.6x
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| K = Thousands M = Millions B = Billions | ||
Key developments for EON COMMUNICATIONS CORP (EONC)
eOn Communications Corp. reported unaudited consolidated earnings results for the second quarter and six months ended January 31, 2010. Second quarter revenue increased 169% to $3,516,000 from $1,307,000 in the second quarter of last year. Net income for the quarter excluding the impact of the imputed interest expense was $49,000 or $0.02 per basic and diluted share. With imputed interest, the quarter has a net loss of $248 000 or $0.09 per basic and diluted share compared to a net loss of $376,000 or $0.14 per common share in the quarter ended January 31, 2009. Included in net income for the quarter was $297,000 of imputed interest expense due to the amortization of the difference between the face value of the contingent obligation to the former Cortelco shareholders and the discounted present value of the note payable recorded on the balance sheet. Income from operations was $1,000 and loss before income taxes was $248,000 against loss from operations of $378,000 and loss before income taxes of $376,000 for the same period of last year. Despite the expected seasonal downturn in operating results for the second quarter, the company's operating results for the first six months of fiscal 2010 remain positive. Net income for the six month period ended January 31, 2010 was $131,000 or $0.05 per basic and diluted share compared to a net loss of $510,000 or $0.19 per basic and diluted share for the same period last year. Included in net income for the six months ended January 31, 2010 was $350,000 of imputed interest expense as discussed above. Net income for the current six months excluding the impact of the imputed interest expense was $481,000 or $0.18 per common share. Financial results include Cortelco Systems Holding Corp. net income of $238,000 for the current quarter and $680,000 for the six months ended January 31, 2010. Cortelco Systems Holding Corp. was acquired on April 1 2009. Income from operations was $411,000 and income before income taxes was $110,000 against loss from operations of $523,000 and loss before income taxes of $510,000 for the same period of last year. Net revenue was $8.0 million against $3.1 million for the same period of last year.
On February 9, 2010, eOn Communications Corp. engaged Horne, LLC as the companys independent registered accounting firm replacing GHP Horwath, P.C. pursuant to the recommendation of the audit committee and approval of the Board of Directors of the company. The reports of GHP on the companys consolidated financial statements for the years ended July 31, 2009 and July 31, 2008 did not contain an adverse opinion or disclaimer of opinion and were not qualified or modified as to audit scope, accounting principle or uncertainty.
eOn Communications Corp. reported unaudited consolidated earnings results for the first quarter ended October 31, 2009. First quarter revenue increased 154% to $4,525,000 from $1,784,000 in the first quarter of last year. Net income for the quarter was $379,000 or $0.14 per basic and diluted common share compared to net loss of $134,000 or $0.05 per basic and diluted common share in the quarter ended October 31, 2008. Net income for the quarter excluding the impact of the imputed interest expense was $432,000 or $0.16 per basic and diluted common share. Income from operations for the period was $410,000, income before income taxes was $358,000 and income after income taxes was $379,000 compared to loss from operations of $145,000, loss before income taxes and loss after income taxes of $134,000 for the same period previous year.
eOn Communications Corporation financial resources
EONC Competitors
| Company | Last | Change |
| 8x8 Inc | $1.25 USD | -0.01 |
| Egain Communications Corp | $1.02 USD | 0.00 |
| Interactive Intelligence Inc | $18.19 USD | -0.73 |
| LivePerson Inc | $7.68 USD | -0.26 |
| SWK Holdings Corp | $0.84 USD | -0.01 |
| Market data is delayed at least 15 minutes. | ||
Industry Analysis
| Valuation | EONC | Industry Range |
| Price/Earnings | 51.3x |
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| Price/Sales | 0.7x |
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| Price/Book | 1.4x |
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| Price/Cash Flow | 51.5x |
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| TEV/Sales | 0.1x |
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EONC |
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EONC transactions
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| No transactions in the last 6 months. | ||
More Recent Financial News About eOn Communications Corporation
EON COMMUNICATIONS CORP Files SEC form 8-K, Submission of Matters to a Vote of Security Holders
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eOn Communications Reports Profitability for the First Six Months of Fiscal 2010
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eOn Communications Reports Profitability for the First Six Months of Fiscal 2010
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eOn Communications, Compugen: Early Volume Plays
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EON COMMUNICATIONS CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and E
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EON COMMUNICATIONS CORP Files SEC form 10-Q, Quarterly Report
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EON COMMUNICATIONS CORP Files SEC form 8-K/A, Completion of Acquisition or Disposition of Assets, Financial Statement
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EON COMMUNICATIONS CORP Files SEC form 8-K, Changes in Registrant's Certifying Accountant, Financial Statements and E
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Trading Overview for eOn Communications Corp. Issued by BeaconEquity.com
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eOn Communications Reports Strong Fourth Quarter and Total Year Revenue with Fourth Quarter Profitability
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StockPreacher Initiates Independent Research Coverage for eOn Communications Corp.
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eOn Communications Reports Third Consecutive Profitable Quarter
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EON COMMUNICATIONS CORP Files SEC form 10-Q, Quarterly Report
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eOn Communications Reports Third Consecutive Profitable Quarter
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StockPreacher Initiates Independent Research Coverage for eOn Communications Corp.
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EON COMMUNICATIONS CORP Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and E
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EON COMMUNICATIONS CORP Files SEC form 10-K, Annual Report
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EON COMMUNICATIONS CORP Files SEC form 8-K, Results of Operations and Financial Condition, Change in Directors or Pri
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EON COMMUNICATIONS CORP Files SEC form 10-Q, Quarterly Report
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EON COMMUNICATIONS CORP Files SEC form 8-K/A, Completion of Acquisition or Disposition of Assets, Financial Statement
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