Evolving Systems profit up 19% in Q3

Evolving Systems said its net income increased 19% in the third quarter to $1.6 million from $1.3 million in the same quarter of 2009.
Third-quarter revenue was $9.2 million, down from $9.9 million in the year-ago period.
Also, net income for the nine months to September increased 23% to $4.2 million from $3.4 million in the same period a year ago.
CEO Thad Dupper said the company’s nine-month revenue represents its highest nine-month total since 2005.

Suggested Articles

Wireless operators can provide 5G services with spectrum bands both above and below 6 GHz—but that doesn't mean that all countries will let them.

Here are the stories we’re tracking today.

The 5G Mobile Network Architecture research project will implement two 5G use cases in real-world test beds.