Phonetime Inc. Announces Unaudited Consolidated Financial Results for the Second Quarter and Six Months Ended June 30, 2013; Provides Revenue Guidance for the Year of 2013
For the six months, the company reported revenue of $73.842 million against $48.185 million a year ago. Income before income taxes was $1.783 million against $0.410 million a year ago. Net and comprehensive income for the period was $1.208 million against $0.600 million a year ago.
In 2013, the company anticipates continued revenue growth in core business. The company also expects to organically expand service footprint whilst continuing to review investment, acquisition and merger opportunities.