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Stock Market & Financial Investment News

News Breaks
March 17, 2014
08:53 EDTCPAHCounterPath announces renewal of Normal Course Issuer Bid
CounterPath announced that the Toronto Stock Exchange has accepted its Notice of an Intention to Make a Normal Course Issuer Bid, or NCIB, which shall commence on March 19, 2014 and terminate on March 18, 2015, or such earlier date when the maximum number of shares are purchased. Under the NCIB, the company may acquire up to an aggregate of 2.46M common shares over the next 12-month period representing approximately 10% of the public float of the company. There were 42.21M common shares of the company issued and outstanding as of March 12.
News For CPAH From The Last 14 Days
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December 16, 2014
17:12 EDTCPAHCounterPath files $50M mixed securities shelf
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17:01 EDTCPAHCounterPath receives non compliance notice from NASDAQ
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December 11, 2014
08:37 EDTCPAHCounterPath expects to drive sales to businesses, enterprises in FY15
CounterPath stated, "For the remainer of FY15, CounterPath expects to drive sales to businesses and enterprises, especially in the financial services, call center, government and technology sectors where demand for our products and services is proving robust. Leverage partnerships with telecommunication equipment vendors to generate new revenue from operators in Asia, Europe and North America, where we have a number of business prospects, while continuing to support the market via the Company's direct sales team. Achieve first commercial deployments in the desktop-as-a-service, or DaaS, and virtual desktop infrastructure, or VDI, markets, validating our technical leadership in the softphone market and increasing the company's recurring revenue. Further improve CounterPath's website through a search engine optimization/marketing program to generate higher e-Store sales, currently the company's largest, lowest touch sales channel. Continue building sales momentum in Europe, developing a second geography of sales strength for the company and thereby contributing to top-line growth."
08:32 EDTCPAHCounterPath reports Q2 EPS (3c), consensus (2c)
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