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Last $3.10 USD
Change Today +0.237 / 8.28%
Volume 1.7K
FSNN On Other Exchanges
Symbol
Exchange
NASDAQ CM
As of 8:10 PM 07/31/15 All times are local (Market data is delayed by at least 15 minutes).

fusion telecommunications in (FSNN) Key Developments

A Building Automation Company Selects Fusion's Integrated Cloud Solutions

Fusion announced that a major building technology company has chosen Fusion for its cloud connectivity and cloud communications solutions. The integrated Fusion solution links five of the company's locations, delivering improved cloud communications capability at reduced cost and providing direct access to the cloud to ensure quality of service. The company was seeking an alternative to its incumbent legacy carrier, and demanded service excellence, reliability, and cost efficiency. It was looking for a single, secure source for all of its communications needs to gain increased accountability and control. The three year agreement, totaling approximately $300,000 in contract value, allowed the company to replace its high cost legacy connections with a communications solution that supports the company's current and future growth requirements. The solution provides for shared capacity, which efficiently and dynamically distributes costs among all of the company's locations based on each facility's individual requirements at any given time of the day.

Major Mid Atlantic Housing Commission Chooses Fusion's Cloud

Fusion Telecommunications International Inc. announced that a major Housing Commission administering affordable housing programs to communities in the Mid-Atlantic region has selected Fusion's integrated suite of cloud solutions, including unified communications, leading edge Contact Center services and high quality cloud connectivity to ensure service reliability and increase employee productivity while driving down communications costs. Funded by federal, state and local government agencies, the Housing Commission needed a cost-effective but high quality solution to replace their existing services, which had proven to be limited and unreliable. Delivered over any device, anywhere, Fusion's Cloud UC solution seamlessly integrates voice services with web collaboration, voicemail, Instant Messaging, eFax, video and presence, linking employees across the enterprise to better serve its clients. The Housing Commission has committed to a nearly $400,000 three year contract for service and anticipates significant expansion.

Fusion Telecommunications International, Inc. Presents at 5th LD Micro Invitational Conference, Jun-01-2015 10:00 AM

Fusion Telecommunications International, Inc. Presents at 5th LD Micro Invitational Conference, Jun-01-2015 10:00 AM. Venue: Luxe Sunset Boulevard Hotel, 11461 Sunset Blvd, Los Angeles, CA 90049, United States. Speakers: Matthew D. Rosen, Chief Executive Officer and Director.

Fusion Telecommunications International, Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015

Fusion Telecommunications International, Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported revenues of $25,263,038 against $22,904,829 a year ago. Operating loss was $1,489,396 against operating income of $288,909 a year ago. Loss before income taxes was $4,263,722 against income before income taxes of $1,463,236 a year ago. Net loss attributable to common stockholders was $4,682,710 or $0.49 basic and diluted per share against net income attributable to common stockholders of $999,653 or $0.02 basic and diluted per share a year ago. EBITDA was $346,568 against $5,483,476 a year ago. Adjusted EBITDA was $2,505,456 against $3,083,972 a year ago. The increase in revenues were primarily due to an increase in the number of minutes of traffic carried during the quarter, partially offset by lower market rates for the termination of voice traffic.

Fusion Extends Cloud Solutions Agreement with Innovatix and Essensa Ventures

Fusion announced that it has extended its agreement for the distribution of Cloud Solutions with Innovatix Business and Industry, the newest class of trade serviced by group purchasing organization (GPO) Innovatix, LLC. The agreement also extends to Essensa Ventures, LLC. Fusion and these organizations provide more than 40,000 GPO members in healthcare and other key vertical markets across the country with a full range of integrated cloud services, including cloud voice and unified communications, cloud connectivity, cloud computing, business continuity, storage and security. Since the agreement was first executed, Fusion has completed a series of technology, network and infrastructure upgrades and improvements to help the company scale and develop customized solutions for members in rapidly growing and highly regulated industries such as healthcare and finance. Fusion offers the membership a single source for the cloud, with one call all that is required to access everything a member might need to migrate to the cloud and benefit from the cloud's many business advantages. Fusion's advanced technology, delivered over its high availability cloud solutions platform and robust and diverse nationwide network, makes it easy to augment or replace premise-based infrastructure, software and IT resources for improved scalability, flexibility and reliability, reducing costs and increasing productivity while future-proofing investments and removing end of life concerns.

 

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