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Altigen Comm - ATGN STOCK NEWS

Welcome to our dedicated page for Altigen Comm news (Ticker: ATGN), a resource for investors and traders seeking the latest updates and insights on Altigen Comm stock.

Company Overview

Altigen Communications, Inc. (ATGN) is a Silicon Valley-based provider specializing in cloud communications and unified communications solutions. The company is renowned for its comprehensive Microsoft cloud solutions that integrate Office 365 and Skype for Business into a fully managed communications service. Its offerings not only simplify the complexities of digital transformation for small-to-medium businesses and enterprises, but also enhance customer engagement and operational efficiency.

Core Business Areas

At its core, Altigen delivers cloud-based unified communications services that include:

  • Hosted Skype for Business Services: Efficiently integrates mainstream communication tools with a managed service approach.
  • Advanced Cloud PBX: Enables robust telephony functionality, supporting seamless internal and external communications.
  • Multi-channel Cloud Contact Center Solutions: Offers innovative contact center capabilities that cater to business-critical operations.
  • Technology Consulting Services: Provides strategic guidance that empowers companies to drive digital transformation and elevate overall business performance.

Market Position and Operational Excellence

Altigen positions itself as a trusted provider amidst a competitive landscape by simplifying deployment and management. Its turnkey managed service model allows clients to reduce operational costs and achieve a lower total cost of ownership. This all-software solution architecture offers flexibility with various deployment options—on-premises, cloud, or hybrid—ensuring that businesses can align their communications infrastructure with strategic needs without extensive capital expenditure.

Integration and Flexibility

One of the key strengths of Altigen is its native integration with Microsoft’s ecosystem, which paves the way for seamless communication between employees and clients. This integration is not just a technical add-on; it represents a well-thought-out approach to achieving greater synergy between cloud applications and everyday business communications. The company’s solutions empower organizations to be agile in today's modern workplace while ensuring business-critical functionalities are delivered reliably.

Revenue Model and Business Impact

Altigen generates revenue primarily through a service-based model including subscription fees for its managed communications services and consulting engagements. Its revenue streams are diversified across cloud services and technology consulting, positioning the company as a key enabler of digital transformation. The managed service model ensures predictable service delivery and cost efficiencies, underscoring its value proposition to both SMBs and large enterprises.

Industry Expertise and Competitive Differentiation

What sets Altigen apart is its combination of deep Microsoft expertise and an innovative approach to cloud communications. By offering a versatile, scalable, and secure communications solution, Altigen meets the complex demands of modern workplaces. Its commitment to simplifying communication infrastructures while maintaining robust functionality is supported by a strategic operations model that spans multiple countries, demonstrating its global outreach and local service dexterity.

Operational Reliability and Turnkey Solutions

The company’s emphasis on a turnkey, all-software solution minimizes the challenges typically associated with deploying and managing communication systems. This reliability is critical for organizations that depend on business continuity and efficient internal communication mechanisms. Altigen’s approach not only mitigates expensive capital expenditures but also provides ongoing operational support, creating an ecosystem that is resilient and cost-effective.

Summary

Altigen Communications, Inc. stands out as a strategic component in the digital transformation journey of modern businesses. With its expertly crafted unified communications suite, it enables companies to achieve enhanced productivity, lower operational costs, and improved customer engagement. Through its deep integration with Microsoft cloud solutions, Altigen provides a flexible, scalable, and efficient communications environment that adapts to the evolving needs of businesses across diverse industries.

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Altigen Technologies (ATGN) reports a 6% decrease in net revenue to $3.2 million for the first quarter of fiscal 2024. Cloud services revenue increased by 4%, while GAAP net loss was ($0.3) million. Joe Hamblin joins as Chief Digital and Transformation Officer, with two executives resigning. The company attributes the revenue decrease to new product rollouts and organizational changes.
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Altigen Technologies (ATGN) secures a $12M contract extension with Connecticut Department of Transportation (CT DOT) for their innovative COMPASS project management system. The cloud-based solution has already improved project delivery for over 500 preconstruction and 180 construction projects. The new contract aims to further enhance operational efficiencies and reduce project management expenses.
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Altigen Communications, Inc. (ATGN) will announce its first quarter fiscal year 2024 financial results on February 22, 2024. A conference call will be held to discuss the results. Altigen is a leading Microsoft Cloud Communications Solutions provider based in Silicon Valley.
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Altigen Communications, Inc. (OTCQB:ATGN) has rebranded as Altigen Technologies, focusing on digital transformation solutions and services. The company has grown its customer base in the financial services industry and aims to leverage AI to drive digital transformation for businesses of all sizes. Altigen Technologies also introduced a modernized logo and revamped website.
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Altigen Communications, Inc. (ATGN) announced its financial results for the fourth quarter and year ended September 30, 2023. Full Year Highlights include a 15% increase in net revenue to $13.7 million, a 117% increase in services revenue to $4.3 million, and a decrease in gross margin to 63.2%. Fourth Quarter Highlights include a net revenue of $3.5 million and a decrease in gross margin to 62.4%. The company reported a GAAP net loss of $3.3 million for the full year and $2.8 million for the fourth quarter.
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Altigen Communications, Inc. (OTCQB:ATGN) to report Q4 and FY 2023 financial results on December 14, 2023. The company will also hold a conference call to discuss the results.
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Altigen Communications announces a major new release of CoreInteract, the Enterprise Customer Engagement platform for Microsoft Teams. The release includes seamless Teams integration, scalability improvements, and geographic synchronization. CoreEngage, the end user application, also receives valuable updates. Preview features include Call Wrap-Up and Callback from Queue.
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Altigen Communications and Voxnube announce partnership to deliver Altigen's Microsoft Teams solutions in the UK and Europe
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Altigen Communications reports 11% increase in revenue and contract extension with largest services customer
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Altigen Communications to report Q3 FY2023 financial results on August 22, 2023
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FAQ

What is the current stock price of Altigen Comm (ATGN)?

The current stock price of Altigen Comm (ATGN) is $0.427 as of April 17, 2025.

What is the market cap of Altigen Comm (ATGN)?

The market cap of Altigen Comm (ATGN) is approximately 13.5M.

What primary services does Altigen offer?

Altigen provides fully managed cloud communications solutions, including hosted Skype for Business, advanced cloud PBX, and multi-channel contact center applications.

How does Altigen integrate with Microsoft technologies?

Altigen’s solutions natively integrate with Office 365 and Skype for Business, ensuring seamless communication and enhanced productivity for its clients.

What deployment options are available with Altigen’s solutions?

Clients can choose between on-premises, cloud-based, or hybrid deployment models, offering the flexibility to match their specific business requirements.

Who are the typical customers of Altigen?

Altigen serves small-to-medium sized businesses as well as enterprises that require comprehensive, managed communications and digital transformation capabilities.

How does Altigen’s managed service model benefit businesses?

The turnkey managed service approach simplifies deployment and management while reducing costs and lowering the total cost of ownership for clients.

What makes Altigen's solutions unique in the marketplace?

Altigen’s deep integration with Microsoft cloud technologies, coupled with its flexible deployment options and comprehensive service suite, differentiates it from competitors.
Altigen Comm

OTC:ATGN

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ATGN Stock Data

13.46M
24.22M
0.05%
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