MIND CTI revenues jumped 16% in Q3

MIND C.T.I. revenues reached $4.7 million in the third quarter, a 15.8% increase over the same period of 2009.
 
Net income was pegged at $356,000 or $0.02 per share.
 
Sales in the Americas represented 39.3% and sales in Europe represented 47.8% of total revenue.
 
Revenue from customer care and billing software totaled $3.9 million, while revenue from enterprise call accounting software was $0.8 million.
 
CEO Monica Iancu said the third-quarter results “validate our strategy of developing additional modules to further enhance our solutions of billing and full customer-care, and to support the carriers' point of sale, business intelligence reporting needs."

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