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NTG Clarity Networks Inc V.NCI

Alternate Symbol(s):  NYWKF

NTG Clarity Networks Inc. is engaged in providing networking solutions. The Company provides telecommunications engineering, information technology, networking, and related software solutions. It operates through two segments: Canadian segment and Egypt segment. The Canadian segment is made up of activities in Canada and its offices in Saudi Arabia and Oman. The Egypt segment is its software development group and also provides professional services, offshoring services and network services to customers in Egypt. It focuses on commercial off the shelf products, serving multitude of industries, covering enterprise management solution via its flagship StageEM Enterprise Management, NTS-Billing, NTS-Inventory Management and Control, NTS-Workflow Management, NTS-Partner Relationship Management. It also provides end-to-end services including customized solutions development, such as software, Web, applications, systems integration, testing as a service (TaaS), outsourcing, and consulting.


TSXV:NCI - Post by User

Bullboard Posts
Comment by johnseebleon Aug 24, 2014 4:52pm
167 Views
Post# 22873117

RE:RE:RE:Big Drop

RE:RE:RE:Big Drop
I don't know why people think this was such a great quarter. They made less money after taxes than they did last year. Their margins aren't that great.

"The first half of 2014 has been a record period for NTG Clarity with revenues remaining on pace with management's projections. Net income has been more challenging with the Company now being subject to full income taxes due to significant positive earnings over the past two years. Management is working diligently to improve margins and is seeking accretive acquisitions to reduce taxes payable."

source: https://www.marketwatch.com/story/ntg-clarity-networks-announces-record-second-quarter-2014-financial-results-2014-08-18

They need to do something about their tax situation.
Bullboard Posts