Tuesday, Telanetix Inc. (TNXI.OB) said its fourth-quarter net income applicable to common stockholders was $1.14 million or $0.04 per basic share compared with a loss of $6.88 million or $0.22 per basic share in the prior year period.
Net income from continuing operations for the quarter, which excludes the loss from the discontinued video operations, was $2.0 million or $0.06 per share versus a loss of $6.2 million or $0.21 per share in the year ago quarter.
Revenue for the quarter rose 7.3% to $7.19 million from $6.70 million in the comparable period.
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