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Astea International Inc. Message Board

  • nip7890 nip7890 Aug 15, 2013 4:49 PM Flag

    Quick call... Good forward guidance

    Transition to subscription-based licensing is still going on. Costs are being reduced. Partnerships are going to increase sales going forward. I think I heard Zack say they have a new partnership with Wipro - but I have big difficulty with his accent...will need to wait for the transcript.

    I think Q3 is still going to be soft and show a small loss, however by the sounds of it Q4 is going to be profitable. Revenues from the subscription licensing will be kicking in during Q3 and Q4. It also sounds that a good size contract should be announced soon.

    Call was very quick because nobody dialed in to ask any questions.

    Bottom line - hang tight for another 6 months. I think that 2014 will be very exciting as increased sales and profitability really ramp up.

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