EONC - Sector: Technology - Industry: Communications Equipment

[setravis]

Press Release Source: eOn Communications Corporation


eOn Communications Announces First Quarter Profit
Monday December 12, 8:30 am ET


ATLANTA, Dec. 12 /PRNewswire-FirstCall/ -- eOn Communications Corporation(TM) (Nasdaq: EONC - News), a leading provider of telecommunications solutions, announced today that financial results for the first fiscal quarter ended October 31, 2005 will be profitable. Detailed revenue and earnings will be released on December 13, 2005.
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"During our last investor conference call, I stated that our first quarter would be closer to profitability, but that we would probably still be in a loss position. I am pleased to announce that a combination of higher revenues and expense reductions have resulted in profitability, both as eOn US and consolidated with Cortelco Shanghai." stated David Lee, eOn's chairman and chief executive officer. "Our continuing efforts to better align our expenses and revenues should also help our profitability in the future."

Conference Call

The Company will host a conference call at 4:45 p.m. ET, December 13, 2005, to discuss first quarter results. To hear the call, dial 800-310-6649 or visit our investor relations website at investor.eoncc.com. A replay of the call will be posted to our investor relations website shortly following the call.

About eOn Communications(TM)

eOn Communications Corporation(TM) is a global provider of innovative communications solutions. Backed by over 20 years of telecommunications engineering expertise, our solutions enable our customers to easily leverage advanced technologies in order to communicate more effectively. To find out more information about eOn Communications and its solutions, visit the World Wide Web at www.eoncommunications.com, or call 800-955-5321.

Note:

This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve risks and uncertainties, including technical and competitive factors, which could cause the Company's results and the timing of certain events to differ materially from those discussed in the forward-looking statements. Such risks are detailed in eOn Communications Corporation's most recent Form 10-Q filing with the Securities and Exchange Commission.

eOn Communications Corporation, the mark eOn, and eQueue are trademarks of eOn Communications Corporation.

(Logo: http://www.newscom.com/cgi-bin/prnh/20010517/EONLOGO )




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Source: eOn Communications Corporation

[setravis]

Profile Get Profile for: 


eOn Communications Corp.
4105 Royal Drive NW
Suite 100
Kennesaw, GA 30144
Phone: 770-423-2200
Fax: 770-423-2228
Web Site: http://www.eoncc.com

DETAILS   
Index Membership: N/A
Sector: Technology
Industry: Telecom Services - Domestic
Full Time Employees: 173


BUSINESS SUMMARY   
eOn Communications Corporation provides unified voice, email, and Web-based communications systems for customer contact centers and general business applications. The company's eQueue Multi-Media Contact Center offers a comprehensive solution for customer interaction management. It offers various applications, including automatic call distributors with skills-based routing, private branch exchanges with voice over Internet protocol capabilities, email and Web chat applications, voice mail, recording, outbound dialing, workforce management, and a range of desktop devices and applications. In addition, eOn's Millennium Digital Communications Platform provides integrated voice mail, unified messaging, fax messaging, and an array of capabilities. It blends voice, data, wireless, and CTI technology into one diverse telephony server platform for multisite networks, such as school systems, multitenant services, professional offices, distribution facilities, and retail stores. Further, the company, through its controlling interest in Cortelco Shanghai Telecom Equipment Company, provides fiber optic transmission equipment, data communications systems, and network management software. eOn offers its products and services through direct sales force, dealers, and value added resellers. The company was incorporated in 1991 and is headquartered in Atlanta, Georgia.

[setravis]

BRIEF: For the fiscal year ended 31 July 2005, eOn Communications Corp.'s revenues increased 19% to $21.4M. Net loss totaled $2M, up from $928K. Revenues reflect the inclusion of Cortelco Shanghai income. Net loss reflects higher third party cost of goods sold, increase in related party cost of goods sold, higher selling, general and administrative expense, increase in research and development expense, and lower operating margins. http://www.eoncc.com

[setravis]

Was able to buy some of this  @ 0.91

[Terliso]

EONC rose over 100% today ... wow
5.5 Million changing hands

[YUNUS]

WOW............that's INCREDIBLE......
How this happens, can any1 tell....?
Bye
YUNUS

[snowcat]

EONC was today's NMGC
12:04 EONC Eon Comm: Color on 50% move today (1.77 +0.58) In today's Wall St Journal, there is an article profiling a new product from Spark Technology that allows users to quickly download cellphone directories as a back-up in case you lose your cell phone which is getting easier as phones get smaller. The co's CellStik sells for $40 and is a pocket-size USB thumb drive with a cellphone adapter on one end and a USB adapter on the other allowing you to back up your directory in just seconds. The article gives the product great reviews. Despite not being mentioned in the article, EONC is trading higher because it's in the process of buying Spark, a deal which was announced in Oct.
http://stockcharts.com/def/servlet/SC.web?c=eonc,uu[s,a]daclyyay[dc][pb5!b10!f][vc60][iut!Lb14!Ld20]&pref=G
The stock finished at the HOD – a very positive sign!

But down 25% today - easy come, easy go..............

[Terliso]

OHH.. nice EONC!!... i might get a fill tomorrow... 
The prices of EONC stayed on the midpoint on that BIG white candle & it's now going up.
*** & the Golden Cross**

I'll look deeper on the chart tonight..
stockcharts.com is down today i can't get all the other indicators

I think Shawfund has this on the contest
Goodluck to u shawfund!!

[Terliso]

Nice uptrend, & good view on the weekly chart

[setravis]

Things are looking very nice indeed.... Terlisa 

[setravis]

Has made a very nice move up. 
Small capitalization, this kind can move outside of the market trend.
Float (mil) 8.70
Shares Outstanding (mil) 13.40
Market Capitalization (mil) $28.68

Support @ $2.13...1.94...1.81
Resistance @ $2.45

Technicals
MACD is Bullish
Last Price Quote is:
9.50%above 13-day EMA
44.60%above 50-day EMA
RS Rating: 99 

Fundamentals
Earnings Expected on Mar 16

Key Data:
Market Cap (M): $28.68 
P/E Ratio: NA 
PEG Ratio: N/A 
Next Earnings: N/A
Last Analyst Rating: Mkt Neutral

[stocks2watch2]

Nice   Bought 3500 in pre mkt.for a daytrade.  EONC shot up 45% on earnings  pr.

eOn Communications Reports Record Second Quarter Results from Continuing Operations
http://biz.yahoo.com/prnews/060316/clth050.html?.v=44

[Terliso]

Nice uptrend, & good view on the weekly chart

Kind of stock that i want... stock that prices above MA50, MA200 & EMA200.... another example EONC, ROCKS!!!

A very simple strategy, makes BIG money!!

[usedcasting]

I like your thinking on this Terlisa, mainly because I got in earlier in the day and now I'm down. Need to learn better patience. Do feel like things can turn out good though.

uc.

CRAY
SIRI

[setravis]

 

bizjournals.com
EOn Communications continues profitability
Friday March 17, 9:38 am ET


EOn Communications Corp. got through a challenging second quarter with positive net income.
The Atlanta-based provider of unified voice, e-mail and web-based communications technology (NASDAQ: EONC - News) posted net income of $607,000 on $3 million in revenue. This compares with a net loss of $528,000 on $959,000 in revenue in the second quarter of 2005. Earnings in the second quarter were 5 cents a share, compared with a loss per share of 4 cents in the second quarter of 2005.

During the second quarter of 2006, EOn sold its majority interest in Cortelco Shanghai Telecom Equipment Co. to minority owner Cortelco Shanghai Telecom Equipment Co. for $1.8 million.

"Due to purchasing cycles in some of our key market segments, Q2 is traditionally a very challenging quarter for us," said David Lee, EOn chairman and CEO. "I am pleased to report that we executed remarkably well and produced record Q2 earnings. The initiatives to return the company to profitability that we launched earlier this fiscal year are proving effective and we expect this trend to continue."

Through six months, the company had net income of $1.1 million and earnings of 8 cents a share on $6.1 million in revenue, compared with a net loss of $430,000 and a loss per share of 3 cents on $7.1 million in revenue for the same period of 2005.

Published March 17, 2006 by the Atlanta Business Chronicle