ATSX: Growing Like Gangbusters
ATSI Communications Inc. (OTCBB: ATSX), one of my favorite portfolio companies at this point in time, continues to impress with its continuously improving financial situation.
Their revenues are up 116% year-over-year and have grown, I believe, in 12 consecutive quarters. Despite margins, which remain thin like many other VoIP players, ATSI produced record gross profits, its 5th consecutive quarter of positive cash flow from operations, and 3rd consecutive quarter of net positive earnings per share.
ATSI’s recent success is directly attributable to management’s ability to maintain extremely favorable business relationships in key emerging regions including Latin America and Asia-Pacific where many prospective telecommunications carriers lack the proper regulatory licensing and optimal transmission capabilities necessary to operate. An entrenched position in Mexico through a unique 30-year, long distance concession license with the local government has facilitated transformational financial improvements for the company and also provides a high level of opportunity going forward as VoIP and Internet adoption surge in the region.
Look out for this stock to continue to impress going forward. At just over a quarter, you may want to kick off your due dilly now. Look out soon for some buy side research from us that details the good, the bad, and the ugly; as it pertains to ATSI Communications Inc.
Labels: ATSI, ATSI Communications Inc., ATSX, Earnings, VoIP
posted by "Staff" at
8:01 AM
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