MIND CTI Reports Third Quarter 2024 Results
MIND C.T.I. Ltd. - Ordinary Shares (MNDO)
US:NASDAQ Investor Relations:
mindcti.com/investor-information
Company Research
Source: GlobeNewswire
YOQNEAM, Israel, Nov. 05, 2024 (GLOBE NEWSWIRE) -- MIND C.T.I. LTD. – (NasdaqGM: MNDO), a leading provider of convergent end-to-end prepaid/postpaid billing and customer care product based solutions for service providers, unified communications analytics and call accounting solutions for enterprises as well as enterprise messaging solutions, today announced results for its third quarter ended September 30, 2024. The following will summarize our major achievements in the third quarter of 2024, as well as our business. Full financial results can be found in the Company News section of our website at http://www.mindcti.com/company/news/ and in our Form 6-K. Q3 2024 Financial Highlights Revenues were $5.2 million, compared with $5.3 million in the third quarter of 2023.Operating income was $0.7 million, compared to $1.2 million in the third quarter of 2023, with the increase in cost of revenues attributed to an infrequent high cost of third-party hardware and licenses supplied as pa
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