MOST TRUSTED NEWSWIRE PRESS RELEASE DISTRIBUTION
PRTODAY / NewswireToday press release distribution service network
Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

TelePlus Reports Preliminary Q2 Revenues - TelePlus Reports Preliminary Q2 Revenues of $3.38M, 37.4% Gain Over Last Year; YTD Revenues of $6.34M (30.9% Gain).
TelePlus Reports Preliminary Q2 Revenues

 

NewswireToday - /newswire/ - Montreal, Quebec, Canada, 2005/07/19 - TelePlus Reports Preliminary Q2 Revenues of $3.38M, 37.4% Gain Over Last Year; YTD Revenues of $6.34M (30.9% Gain)..

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Telecom / Wireless / VoIP / IPTV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

TelePlus Enterprises, Inc. (OTCBB: TLPE), a vertically integrated provider of wireless and landline communications products and services across North America, today announced that second quarter consolidated results indicate revenues of $3.38 million, representing a 37.4% increase over the same period last year in which the Company reported revenues of $2.46 million. Wireless revenues represented 83.6% (or $2.83M) of total revenues while Telecom revenues represented the balance of 16.4% or ($554k).

The Company completed 3 acquisitions during the quarter which in the aggregate represented 16.4% of total revenues (or $554k) during the quarter. The Company also closed a 4th acquisition effective the last day of the quarter. Company anticipates revenues from these acquisitions to reach $15.6M on an annual basis.

Six Months YTD consolidated results reached $6.34 million representing a 30.9% increase over the same period last year in which the Company reported revenues of $4.84 million. Wireless revenues represent 91.3% (or $5.79M) of these revenues while Telecom revenues represent the balance of 8.7% or ($554k).

"We had a great second quarter in many respects," stated company CEO, Marius Silvasan. "First we completed 4 strategic acquisitions during the quarter gaining $15.6M in revenue, second we continued to grow organically our core business, third we initiated with success the integration of the acquired businesses and finally we signed important distribution agreements for our wireless products. We are very well positioned to outperform our original expectations for the third quarter and remainder of the year," added Silvasan.

The company's second quarter financials will be disclosed mid-August.

Investors are asked to e-mail all questions and correspondence to TLPE[...]agoracom.com where they can also request to be added to the TelePlus investor e-mail list to receive all future press releases and updates directly.

About TelePlus

TelePlus Enterprises, Inc. ("TelePlus") is a vertically integrated provider of wireless and landline products and services across North America. The Company's retail division - TelePlus Retail Services, Inc. - owns and operates a national chain of TelePlus branded stores in major shopping malls, selling a comprehensive line of wireless and portable communication devices. TelePlus Wireless, Corp. operates a virtual wireless network selling cellular network access to distributors in the United States. TelePlus Connect, Corp. is a reseller of landline and long distance services including internet services.

The statements which are not historical facts contained in this press release are forward-looking statements that involve certain risks and uncertainties, including but not limited to risks associated with the uncertainty of future financial results, additional financing requirements, development and acquisition of new product lines and services, government approval processes, the impact of competitive products or pricing a technological changes, the effect of economic conditions and other uncertainties, and the risk factors set forth from time to time in the Company's SEC reports, including but not limited to its annual report on Form 10-KSB; its quarterly reports on Forms 10-QSB; and any reports on Form 8-K. Teleplus Enterprises, Inc. takes no obligation to update or correct forward-looking statements.

SOURCE: TelePlus Enterprises Inc.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Telecom / Wireless / VoIP / IPTV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: ECON Corporate Services / InvestorIdeas.com™

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick NewswireToday Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Telecom / Wireless / VoIP / IPTV articles,
CATCH Visitors via Your Competitors Announcements!


TelePlus Reports Preliminary Q2 Revenues

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name NewswireToday and LINK as the source.
 
Publisher Contact: Investor Relations 
866-699-3388
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any ECON Corporate Services / InvestorIdeas.com™ securities in any jurisdiction including any other companies listed or named in this release.

Telecom / Wireless / VoIP / IPTV via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From ECON Corporate Services / InvestorIdeas.com™ / Company Profile


Read Telecom / Wireless / VoIP / IPTV Most Recent Related Newswires:

New Ultra-Low Power Bluetooth Audio SoCs from Qualcomm Improve Truly Wireless Sound
Konica Minolta and NEC Strengthen Cooperation to Promote DX by Utilizing Local 5G
netsapiens and Grandstream Partner to Offer a Complete VoIP Solution
Qualcomm Announces Significant Progress Toward Commercial Introduction of C-V2X in Europe
Motorola Solutions to Open New Florida Experience Center to Showcase Next-Generation Software and Innovations
Grandstream Announces New Upgrades to IPVideoTalk Conferencing Platform
Grandstream’s GRP Series Carrier-Grade IP Phones Now Certified with Metaswitch
Grandstream and Loway Announce Product Compatibility
Global Cellular Infrastructure Firms Select Qualcomm 5G RAN Technologies
F5 Silverline Managed Services Continues Asia Pacific Expansion with New Point of Presence in Hong Kong
F5 Empowers Customers with End-to-End App Security
Widespread Digitalization to Promote Adoption of UCaaS and Hosted IP Telephony in Asia-Pacific Finds Frost & Sullivan
Fire Departments in German City-State of Hamburg Respond Faster with Motorola Solutions TETRA Pagers
Grandstream’s GRP Series of Carrier-Grade IP Phones Now Compliant with Cisco’s BroadWorks
Klabin Takes Connectivity to the Forest with Motorola Solutions Technology

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  RightITnow, Inc.





 
  ©2020 NewswireToday — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com newswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)