Comptel Announces Q3 2007 Financial Results
Comptel Corporation (OMX Helsinki: CTL1V), the leading vendor of dynamic Operational Support System (OSS) software, has recently announced the financial results for the third quarter 2007. These results show that, in the period from July to September, the net sales grew slightly and profitability improved clearly from the previous year.
Some of Q3 2007 highlights include:
* Net sales EUR 19.8 million (July–September 2006: 19.2)
* Operating profit EUR 4.0 million (3.2)
* Earnings per share EUR 0.02 (0.02)
* Order backlog EUR 22.8 million (24.3)
Commenting on the results, CEO Sami Erviö said: “Despite lower than expected net sales, Comptel’s profitability is good and the prospect for orders has remained good. For example, this autumn, Comptel signed a preferred partnership with Orascom Telecom Holding for provisioning and activation solutions of mobile services. We believe this strategic partnership will further tighten our cooperation with Orascom Telecom and its mobile subsidiaries in the Middle East, Africa and Asia .”
For full details on the results, visit www.comptel.com
About Comptel Corporation
Comptel provides Comptel Dynamic OSSTM solutions, offering service-enabling mediation, charging and fulfillment capabilities to telecom service providers. Comptel’s expertise in inventory, provisioning and activation, mediation and charging empowers service providers to focus on delivering the innovative services. Established in 1986, Comptel had a turnover of EUR 80 million and around 550 employees in 2006. Comptel has provided solutions to over 260 customers in 85 countries worldwide. For more information: www.comptel.com.
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