Israeli revenue management vendor ECtel announced their Q2 results today. This is the press release issued via PRNewswire. On today’s investor call, ECtel highlighted improvements in revenues and margins. This came despite the impact that the weakened US dollar has had on results. Whilst unwilling to make any promises, ECtel’s management felt they could break even this year, depending on exchange rates between the dollar and the New Israeli Shekel in Q3 and Q4.
Later this week I will be talking to Benny Yehezkel, Executive Vice President of Worldwide Marketing and Sales at ECtel, about these results and the future of the business. Come back to find out more.